Get Locked in Now: Manhattan Mortgage Rates at Record Lows

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NEW YORK, N.Y., Oct. 7 (SEND2PRESS NEWSWIRE) -- Jeff Koch, senior loan officer of Preferred Mortgage Corporation, announced this week that Manhattan mortgage rates are at record lows. This information is based on a survey released by Freddie Mac, the second largest mortgage finance company. It reported that 30 and 15-year Manhattan mortgage rates either tied or reached record lows this last week.

"On October 6, the 30-year fixed was at 4.125 percent," says Koch. "So, this may be the perfect time for a Manhattan mortgage, especially with our 'meet or beat' policy."

Preferred Mortgage Corporation will "meet or beat" any competitors' written offer for rate, program and closing cost.

The company maintains constant communication with its clients and keeps them up-to-date on market changes to ensure they are getting the maximum benefit. The expert staff shares its product knowledge daily.

Its mortgage experts are among the top in New York City; they serve up great rates, New-York style.

About Preferred Mortgage Corporation:

With more than 25 years in the real estate community, Preferred Mortgage Corporation maintains a reputation for being one of the top-rated mortgage companies in New York. As a leader in the lending industry, they provide homeowners and real estate agents with the most competitive Manhattan mortgage rates available.

Preferred Mortgage Corporation provides the highest quality customer service with new purchases and refinancing. It specializes in: FHA, Jumbo, Super Jumbo, Luxury, COOPS, Hard Money, Asset-Based Lending, first time home buyers and even the seasoned pro.

For more information on competitive Manhattan mortgage rates and more, visit: or contact:

Scott Pasinksi, Preferred Mortgage Corporation, 888-577-8338, .

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The content of the above press release was provided by the “news source” (Preferred Mortgage Corporation) or authorized agency, who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story and content is Copr. © 2010 Preferred Mortgage Corporation with newswire version Copr. © 2010 Send2Press (a service of Neotrope). All trademarks acknowledged.

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REFERENCES: Jeff Koch, Manhattan mortgage rates, Jeff Koch, Preferred Mortgage Corporation, Manhattan mortgage rates, mortgages, new york, finance company, Freddie Mac, news, press release from Preferred Mortgage Corporation, Oct 7, 2010, Banking and Finance, Finance, , New York, New York, Get Locked in Now: Manhattan Mortgage Rates at Record Lows