Real Estate Blog by Todd Morton, REALTOR®

Weekly News Update

  • Curious to know what's happening in the real estate and mortgage world? Here are just a few of the headlines this week:
  • Mortgage rates hit another all-time low at 2.8% (for purchase)
  • Existing home sales rose 9.4% in September and are up 20.9% over last year
  • The number of seriously delinquent mortgages declined for the first time since the pandemic started, and some early-stage delinquencies are showing improvement.
  • These are all great signs that the housing market is STRONG as ever. With new purchase rates at just 2.8%, you can afford A LOT more house than ever before!
  • If you're interested in seeing exactly how much home you can afford based on your ideal monthly mortgage payment, give us a shout!! You can also use our mortgage calculator
  • TM
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Local Knowledge - Global Reach

At The Real Estate Group we understand the importance of online exposure for your property which is why we've gone to great lengths to build an online presence that makes it easy for users to find exactly what they're looking for.

With clean, modern design we ensure that your property will never be held back by a confusing interface and a focus on imagery means that the unique details of your home are never lost in translation.

Whether you're a first time home buyer or you've been down that road time and again, you won't find a more reliable guide to navigate the Hampton Roads real estate market than a seasoned professional at The Real Estate Group.

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