Rants and Gems #153Assumable vs. Portable Mortgages
Rants & Gems Real Estate Podcast
EYL Network
4.9 • 1.3K Ratings
🗓️ 13 November 2025
⏱️ 54 minutes
🧾️ Download transcript
Summary
Tonight we’re breaking down one of the biggest debates in housing right now: Assumable vs. Portable Mortgages — and whether the Trump administration’s push to explore portability could finally unlock America’s frozen inventory.
Most homeowners are trapped by their low rates. Over 70% of mortgages in this country are under 4%. That “rate-lock prison” has shut down move-up buying, slowed listings, and strangled inventory. Now, policymakers are floating two major ideas: expanding assumable mortgages and introducing portable mortgages, a feature used in Canada and the U.K. that would let you take your low rate with you to your next home.
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Transcript
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| 0:00.0 | How's the business going? |
| 0:01.1 | We're busier than ever, but struggling to get the staff we need. Recruiting can be such a distraction. We gave Job Centre Plus a try, and they've really helped us out. Really? Yeah. It was dead easy. We got our own employer advisor, Julie, who helped advertise our jobs, shortlisted candidates for us and letters interview at the Job Centre. We've hired some great people, and Job Centre Plus really took the hassle out of it, And there was no fee. |
| 0:22.7 | Brilliant. That's straight on my to-do list. you at the job center. We've hired some great people and Job Center Plus really took the hassle |
| 0:21.1 | out of it and there was no fee. Brilliant. That's straight on my to-do list. Find out more at |
| 0:25.9 | business.gov.uk.U.Slarigibility criteria apply. Assumable versus portable mortgages. Well, |
| 0:34.9 | Trump's plan unlock housing inventory, Matt Garland and MLS number 5 870 |
| 0:40.7 | Better known as mj the mortgage guy we are live. We are blessed thank God for another day |
| 0:46.0 | Welcome back to the channel hit the bell |
| 0:48.8 | Subscribe share this with 10 people and if you are new here |
| 0:52.8 | Type first time in a chat. |
| 0:55.1 | So Trump administration is back at it again. |
| 0:58.3 | It seems like the housing affordability crisis is definitely talk of the town this week. |
| 1:04.8 | And definitely inside of Trump's administration, they posted today, we are actively evaluating portable mortgages. |
| 1:14.8 | They're also looking into assumable mortgages. |
| 1:19.2 | I mean, this is about to get interesting, to say the least. |
| 1:25.9 | This is about to get interesting. So, first of is about to get interesting so first of all let's |
| 1:30.4 | talk about assumable mortgages first things first assumable mortgages right now f h a loans are |
| 1:38.7 | assumable which basically means and everybody type in chat assumeable type in chat, Assumable. Type in chat. |
| 1:45.8 | Assumable. And shout out. |
| 1:48.8 | Shout out with the super chats out here early, right? |
| 1:53.4 | Galaxy shop alive and blessed. My God, |
| 1:56.0 | if you know, you know the goat. |
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