Latest News

Save More on Your New Home with Norfolk Homes’ Best Rate Guarantee

November 11, 2026

Buying a new home is an exciting milestone, and finding the right financing can make the experience even better. At Norfolk Homes, we’re making homeownership more attainable with our Best Rate Guarantee, giving qualified buyers an opportunity to secure an adjustable-rate mortgage that is 1% lower than the market rate when using one of our preferred lenders. Combined with recent price improvements on several homes and opportunities to move in before the end of the year, now is an excellent time to explore available new homes from Norfolk Homes!

What Is an Adjustable-Rate Mortgage (ARM)?

One of the ways buyers can take advantage of the Best Rate Guarantee is through an adjustable-rate mortgage, commonly known as an ARM. Unlike a traditional fixed-rate mortgage, where your interest rate stays the same throughout the life of the loan, an ARM has an interest rate that can change over time. Most ARMs begin with an initial period during which the interest rate remains fixed. After that introductory period, the rate adjusts periodically based on market conditions and the terms of the loan. 

So, what makes an ARM appealing? An adjustable-rate mortgage can offer a lower initial interest rate than a comparable fixed-rate mortgage. This can mean lower monthly principal and interest payments during the introductory period, potentially giving homeowners more flexibility with their budgets. For buyers who plan to sell, refinance, or move before the adjustable period begins, an ARM may be an especially appealing option. It can also be worth considering for buyers who want to take advantage of a lower starting rate while evaluating their long-term financial goals. 

Of course, because the interest rate can adjust, future payments may increase or decrease. Understanding the adjustment schedule, interest rate caps, and loan terms is important when deciding whether an ARM is right for you.

Enjoy a Lower Rate with Our Best Rate Guarantee

With Norfolk Homes’ Best Rate Guarantee, qualified buyers can take advantage of a mortgage rate that is 1% lower than the market rate through one of our preferred lenders. A lower starting interest rate can make a meaningful difference in your monthly mortgage payment and the overall cost of borrowing. It may also give you additional room in your budget for the things that matter most, whether that's furnishing your new home, enjoying your favorite activities, or building your savings.

Our preferred lenders can help you understand the available financing options, explain how an adjustable-rate mortgage works, and determine whether this opportunity aligns with your homeownership goals. 

*To qualify for the Best Rate Guarantee, buyers must use one of the Norfolk Homes preferred lenders. Loan approval, eligibility, and program terms and conditions apply.

Move Into Your New Home Before the End of the Year!

Why wait to enjoy a brand-new home? With several Norfolk Homes opportunities available for a quick move, you could be celebrating the upcoming holidays in a home of your own! 

A quick move-in home offers the convenience of an already-built or nearly completed home, helping you skip the extended construction timeline and get settled sooner. It's an excellent option for buyers who are ready to make a move without waiting for construction to finish. Between price improvements, the Best Rate Guarantee, and homes available for year-end move-in, there's never been a better time to explore what Norfolk Homes has to offer.

Contact our team today to learn more about the Best Rate Guarantee, connect with our preferred lenders, and find out which homes have recently received price improvements. Give us a call at (734) 336-1912 or fill out our online contact form. Your new home could be waiting for you!