Pearland Mortgage Rates at Record Low - 4.19%
By Maggie McFarland, Pearland Realtor, Homes for Sale in Pearland Texas
(RE/MAX Pearland - Maggie McFarland)
If you have been looking for another reason to buy a home, you have one now! Mortgage rates in Pearland are now at an all-time record low: 4.19%! This number surpasses the previous record low of 4.49%. According to the Wall Street Journal, the 30- and 15-year fixed-rate mortgages and the five-year adjustable-rate all sit at their record lows, with Freddie tracking the 30-year since 1971, the 15-year since 1991 and the five-year since 2005. Freddie said that using data from the Federal Housing Administration, the last time the 30-year was this low was April 1951. This is outstanding news for those wishing to buy or a home in Pearland! I currently have several great homes listed for sale in Pearland. Looking for a 4 bedroom, 3.5 bath with a pool in the Silverlake Subdivision? Che...
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