High rates threaten would-be home buyers amid tighter money
Federal officials warn that rising mortgage rates and tighter money could erase financing for thousands of homes. With many states raising usury ceilings and banks freezing commitments, prospective buyers face higher costs and smaller loan pools. A $30,000 mortgage on a $35,000 house could rise from about $72,000 to $75,600 in payments over 30 years, as over $1 billion in mortgage funds were withdrawn in June.
MENTIONED IN THIS ARTICLE
Federal Home Loan Bank Board
Harris C. Friedman
Friedman
New York
New Jersey
Federal Housing Administration and
Veterans Ad
California
Virginia
Buffalo
Albany
N.Y
Washington
D.C
Maryland
Michigan
William W. Dwire
National Bank of Netroil
Cook County
Oklahoma
Sony
Arkansas
FBI Agents Shoot Dog During Arkansas Raid
FBI agents pursuing a back robbery suspect moved on Gracie Johnson's home in Little Rock. A dog, described as dangerous, was killed during the raid after it allegedly threatened an agent. Abreu Williams was arrested in a carport across the street. Ray Faisst said the raid's conduct and rules are under review and declined to discuss details.
MENTIONED IN THIS ARTICLE
Uiftle Rock
UPI
FBI
Gracie Johnson
Abreu Williams
Williams
Dress
Johnson
Ray Faisst
Little Rock
Oday
Faiss
Faisst
Soviet space officials issue trajectory corrections for Mars craft
Moscow (UPI) Soviet space experts reported corrected trajectories for Mars 6 and Mars 7, Tass said. Corrections were completed Monday for Mars 6 and Thursday for Mars 7. Mars 4, 5, 8 and 7 were launched over three weeks in late did and early August, with Mars missions expected to text Mars next February and March. The onboard autopilots are said to be functioning.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Mars
Tass
Skylab tests mini craft for spacewalking aid
Skylab astronauts test a Buck Rogers like miniature jet propelled unit in space suit trials aboard the orbital lab. Alan Bean Jack Lousma and Owen Garriott participate as Bean prepares a full spacesuit run while others observe and photograph Langila volcano activity in New Guinea for ground data.
MENTIONED IN THIS ARTICLE
Houston
Skylab
Alan L. Bean
Jack J. Loustsa
Owen Ky Garriott
Bean
New Guinea
Stallohé
Libyan in custody as Israel readies hijacking trial
In Jerusalem Mohamad AlTouni appeared for a preliminary hearing and was ordered jailed while charges are prepared after he allegedly forced a Middle East Airlines plane with 125 aboard to land at Lod. Israeli officials say he will stand trial. Arab commentators doubt Libyan identity amid regional tension.
MENTIONED IN THIS ARTICLE
Israel
Mohamed AlTouni
Lod
Tel Aviv
A-Touni
Jerusalem
Middle East Airlines
David Blaxar
Israeli Armed Forces Abivt
A-Toun
Mossaleh
Santisseh
Libya
Iraq
Beirut
Moshe Dayat
Golda Meir
U.N. Security Council
Cairo
AL Akhbar
Buried bodies hunted at beach in Gulf Coast area
Galveston County Sheriff ordered a road grader to survey Gulf Coast beaches for buried bodies amid a string of killings. Last week six bodies were found on High Island beach, with prior discoveries and indictments naming Elmer Wayne Henley and David Owen Brooks in related patterns. Dean Arnold Carll was linked to the case.
MENTIONED IN THIS ARTICLE
Houston
UPI
Galveston County
Gulf Coast
J. B. Kline
High Island
East Texas
Elmer Wayne Henley
David Owen Brooks
Dean Arnold Carll
Also Mentioned on This Page
Unites Press International
Hot Pursuit
Hall
Russ
Ene
RCA
enRea
Teese
Oes
Zaid Bly
John Blew
Solid State
RCA Portable
Tha Vooue
Adel
Berit
Damascus
Robert Balinger
St. Rose
Medical Square
Caloroga Ave
Hayward
Grandpa
Mortadella
Thuringer
Bayfair
Grandpa’s Smoked Meats, Inc
Fremont
Staiest
Towa Fair Shopping Center
Livermore
First ST
Kumhey's Shoes
Mission Blvd
Arden
Oakland
Richmond
San Leandro Corte
Daly City
Saviomente Laver Tone
Pleasant Hill
Monument
Framony
San Jose
Antioch
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