Real Estate Market Scoop

As your real estate expert, be first to hear the inside real estate market scoop on our local Hampton Roads real estate market.

Wow!  Interest rates are LOW!!  Over the past week, rates have dropped a percentage, averaging between 3.25%-3.50%.

 

interestrateThe rate on a 30-year fixed-rate mortgages in Freddie Mac’s survey averaged 3.97% in the week ending October 16, and have since continued to drop.  That’s the biggest one-week drop since late October 2013. The average interest rate has been over 4% since June 2013, and in September, it averaged 4.16%.

Help your friends, family, and co-workers save thousands by contacting me today!

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Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions regarding buying or selling contact Alyssa at 757-329-6161 or alyssagodwin@lizmoore.com. You can also find Alyssa on Facebook or on the web at www.lizmoore.com/alyssagodwin.