10/13/2026
🏡 Would you move if you could keep your 3% mortgage rate?
That’s the idea behind portable mortgages, which the Trump administration has explored: allowing homeowners to transfer their existing mortgage to another home instead of giving up their low rate.
Here’s what that could mean 👇
🔑 You move to a home that better fits your needs.
🔑 Your existing mortgage’s rate, remaining balance, and remaining term move with you.
🔑 More homeowners may feel comfortable selling—potentially creating more choices for buyers.
But there’s a catch: keeping your rate wouldn’t necessarily mean keeping your payment. A more expensive home could require additional financing, and property taxes and insurance could change.
Separate legislation, the MOVE Act, proposes requiring Fannie Mae and Freddie Mac to purchase qualifying portable mortgages.
🚨 This is a proposal—not a nationwide program you can use today. Eligibility and implementation would matter. The 3% rate is an example of an existing mortgage, not a new rate being offered.
Would taking your rate with you be enough to make you move? Or are home prices still holding you back? 👀👇
Angelenna Grant-Ashanti