Higher Interest Warning for Home Buyers
A bylined article by Sidney Kay of Advance Mortgage Corp warns home buyers face substantially higher mortgage rates in the next 18 months. Rates have already risen and are expected to climb by at least 0.5 percent, with FHA adjustments possible, squeezing mortgage money as prices rise and terms lengthen. Manufactured Homes magazine serves builders and home manufacturers in the home manufacturing industry.
MENTIONED IN THIS ARTICLE
Manufactured Homes Magazine
Sidney Kay
Advance Mortgage Corp
FHA
Sup
Seacoast Area Seeks Separate Township for Trailer Park
The Spruces Mobilehome Park in Williamstown Massachusetts a 250 acre tract with 80 trailers seeks secession from Williamstown and Adams to form a new township. Park owner Albert Bachand has asked Senator Edmund St John Jr to file a Massachusetts bill. Of 140 residents 106 signed a petition. Four trailers deemed houses face removal by December 29. Bachand and tenants favor waiving single dwelling restrictions for tax parity.
MENTIONED IN THIS ARTICLE
Dents
Spruces
Williamstown
North Adams
Mass
Albert Bachand
Edmund R. St. John Jr
Adams
Massachusetts
Bachand
Rte. 2
Town Planning Commission
Growth of 1962 65 Smaller Homes Moves to Meet Shifting Demand
Builders nationwide plan to increase smaller homes in 1962 through the mid-1960s. The Home Manufacturers Association notes more households will be headed by young adults and seniors, boosting demand for smaller lower cost housing while high end homes remain available.
MENTIONED IN THIS ARTICLE
Home Manufacturers Association
Business Week
Kenneth Kramer
The
Williamstown Studies Trailers to Make Homes Pay Own Way
Williamstown officials commission a study of mobile homes and taxes to support reform. Four large trailer houses at the Spruces face removal by December 29, while a court case in town seeks licensing for another park on Cummings Avenue. The report notes rising trailer variety and tax gaps, and urges fair, statewide trailer tax changes.
MENTIONED IN THIS ARTICLE
Williamstown
Mass
J. Maynard Austin
Albert Bachand
The
Spruces
Massachusetts
State Selectmen’s Association
Ootown
Austin
Cummings Avenue
Edward Turgeon
Hassling
Turgeon
Housing as Cold War Weapon in U S Housing push
United States Senator Jacob Javits at the Home Nation convention in New York praised housing as freedom in action. He noted nearly 20 million new housing units since 1945 and 62 percent owner occupancy as key cold war statistics and urged manufacturers toward prefabrication to lower costs while keeping quality.
MENTIONED IN THIS ARTICLE
U. S
Jacob K. Javits
R-N.y
New York City
U.S
United States
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