{"level":"city","name":"Norfolk","state":"VA","state_name":"Virginia","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk","parent":{"name":"Virginia","page":"https://www.retrorate.com/assumable-mortgages/virginia"},"counted_as_of":"2026-10-15","market_rate":{"value":7.3,"label":"average 30-year fixed rate","as_of":"2026-10-16","source":"Optimal Blue Mortgage Market Indices (OBMMI)"},"savings_basis":{"comparison":"the assumable loan against a new loan for the same amount, at the same cash to close","includes":"principal and interest only","remaining_term_years":25,"remaining_term_assumed":true},"coverage":{"tier":"B","on_market":"off-market only: counts cover homes with a mortgage carrying an assumable loan"},"figures":{"assumable_homes":16248,"avg_assumable_rate":4.56,"avg_balance":274695,"avg_monthly_savings":347,"rate_bands":{"under_3":2885,"3_to_4":4211,"4_to_5":2386,"5_and_over":6766}},"zip_codes":{"note":"The ZIP codes with the most assumable stock in this city, not every ZIP in it.","published":[{"name":"23513","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23513","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23513.json","assumable_homes":2914,"avg_assumable_rate":4.67,"avg_monthly_savings":276,"on_market_coverage":false},{"name":"23518","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23518","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23518.json","assumable_homes":2652,"avg_assumable_rate":4.44,"avg_monthly_savings":390,"on_market_coverage":false},{"name":"23503","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23503","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23503.json","assumable_homes":2356,"avg_assumable_rate":4.45,"avg_monthly_savings":346,"on_market_coverage":false},{"name":"23502","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23502","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23502.json","assumable_homes":1673,"avg_assumable_rate":4.52,"avg_monthly_savings":314,"on_market_coverage":false},{"name":"23505","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23505","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23505.json","assumable_homes":1574,"avg_assumable_rate":4.52,"avg_monthly_savings":347,"on_market_coverage":false},{"name":"23509","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23509","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23509.json","assumable_homes":1468,"avg_assumable_rate":4.7,"avg_monthly_savings":290,"on_market_coverage":false},{"name":"23504","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23504","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23504.json","assumable_homes":1355,"avg_assumable_rate":4.82,"avg_monthly_savings":256,"on_market_coverage":false},{"name":"23508","page":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23508","data":"https://www.retrorate.com/assumable-mortgages/virginia/norfolk/23508.json","assumable_homes":988,"avg_assumable_rate":4.56,"avg_monthly_savings":689,"on_market_coverage":false}]},"terms":{"publisher":"RetroRate (Assumable Technologies Inc.)","source":"RetroRate production data, from public data sources and county records","attribution":"Cite as RetroRate, with a link to the page URL.","contact":"press@retrorate.com","documentation":"https://www.retrorate.com/assumable-mortgages"}}