Should I look for a home with an assumable mortgage?

Searching specifically for an assumable mortgage can pay off when current rates sit well above what a seller already has, since taking over that loan can lower your payment. The tradeoff is a smaller pool of eligible listings and a process that generally takes longer than a standard purchase loan. You still have to qualify with the seller's lender and often bring extra cash to cover the price gap. Weigh the payment savings against the extra time and complexity before committing to that search.