VERNON HILLS, Ill. - PNC Mortgage Corp. has introduced a new loan model featuring a 3% down payment, a fixed rate for the first 10 years of a 30-year year term, and fast preapproval. The loan, called Triple Play, is available at PNC Mortgage offices and by telephone.

"From a historical perspective, rates are still very affordable," said Walter C. Klein Jr., chairman and chief executive of PNC Mortgage.

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