Refinancing We Can Help

According to Freddie Mac, a government-chartered enterprise that provides a market for mortgage loans, in November 2001 mortgage rates fell to their lowest levels in at least 30 years. This means that right now may be the best time to refinance. According to, the average rate for a 30-year fixed rate mortgage, interest has fallen to 6.45 percent from 6.56 form early November 2001 and from 7.79 percent a year ago. This week’s rate is the lowest recorded since Freddie Mac began the survey in 1971 and probably has not been this low since about 1967. What does that mean to you a homeowner, well, on a 30-year loan for $120,000, the rate drop means you could walk away with a monthly principal and interest payment of $754, a savings of $109 compared with the $863 monthly payment required at the prevailing rate a year ago. At larger loans, the savings may even be greater. At IPC we can handle all your refiancing needs. We can connect you to mortgage brokers who can find the best rates for your. We can handle all of the title work required by your refiancing. We can even close the refiancing for you. Don't Delay, now may be the best time - in the last 30 years to refinance. Contact us and we will be glad to help.

Contact Us
	Intrastate Property Corp 58 Hillside Avenue Manhasset, NY 11030 Phone (516) 627-5044 Fax (516) 627-8631 sales@intrastateproperty.com