Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable mortgages, which would allow a homeowner to transfer their loan from their current home to a new home when they move.

With portable mortgages, the homeowner would effectively be able to keep their existing interest rate and terms instead of paying off the loan and getting a new one. It’s a strategy designed to inject movement into a stagnant housing market. Many homeowners and would-be buyers have remained on the sidelines because they are reluctant to trade their sub-3% mortgage rates for today’s loans hovering around 6.5%.

Realtor.com senior economist Jake Krimmel told FOX Business that these types of mortgages aren't compatible with the architecture of U.S. mortgage fina

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