It is hard to picture any borough in Manhattan as rustic farmland, but that was certainly the case in the Bronx. Originally settled in 1639 by Jonas Bronck, the English and Dutch settlers referred to the area as Bronck’s Land. Those in the know include “the” when referring to this area, and they know to research the best mortgage rate the Bronx has with the Bronx Banking Rates.
If you long to be a property owner within the city, the Bronx may be your best bet. Since the Bronx is part of New York City proper, prices are a bit higher, but with an excellent credit history and a fairly assessed home loan rate in the Bronx you can make it happen.