Savings Trend Signals Return of Mortgage Funds
AP News notes a shift in savings toward thrift institutions, boosting home mortgage funds. After a period of outflows to Treasuries and CDs, funds are flowing back, potentially easing mortgage access and slightly lowering rates. Weak demand previously kept rates firm but may ease as savers reallocate.
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John Cunniff
NEW York (Ap
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Housing costs rise as mortgage barriers ease
Economic developments improve prospects for housing but prices rise. Builders anticipate better market but the main hurdle remains mortgage access. Materials and labor costs push up house prices, making homes more expensive than a year ago.
Heinemann Yes On No-Fault Insurance Bill Passes
In Topeka the Kansas House approved a no fault automobile insurance measure. The vote split among Republicans and Democrats with several names listed as supporters, opponents, or absentees, reflecting a charged party line on the bill.
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Emhrlich
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Harpar
Harris
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Hayes
Hill
Kearns
Hoy
Palmer
Sumner Is Pacer Sumner Is Pacer
Sumner County led Kansas in the 1973 wheat harvest with 16,029,000 bushels, a 32 percent rise from 1972, and 40.9 bushels per acre, while Reno, Ford and other counties posted large totals as 38 Kansas counties set new production records. Ver man Van Loan seeks dissolution of a 17 year marriage to Air Force Col. Jack Van Loz, saying both are victims of the Vietnam war and life changes.
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Sumner
Oklahoma
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