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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 17, 1938
Page
18
Modern building materials blend beauty with utility as insulation boards now arrive in pastel finishes. Previously plain or neutral, the boards can be found in ivory, sky blue, apricot, apple green, and shell pink to match interior schemes while preserving insulation performance.
The wart bog of Africa is observed fleeing from pursuers by diving into a hole and entering it backward, a behavior noted by researchers studying its escape tactics.
Government displays worth over 10000 fill a freight car at the High Point National Home Show in the National Guard Armory. Norman Barnett leads setup with a meeting for exhibitors Monday at 10 30 AM. The show runs July 19 to 28 with 7 to 11 PM hours.
The Federal Housing Administration joins with operative builders to promote sound mortgage markets and higher housing standards under the National Housing Act. McDonald cites planned developments and large scale production as keys to stable values and better value for buyers.
The article explains FHA will insure loans made to finance water softeners or filters. Hard water taints supplies with minerals causing bad taste and odors hindering washing. Private lenders provide funds insured by the FHA under the Property Improvement Credit Plan for home installations.
Mr McDonald outlined methods for operative builders and noted Circular No 4 Procedures for Operative Builders issued by FHA. Copies of the publication are available from FHA headquarters in Washington.
FHA Insured Mortgage System helps remove the long standing complex against long term real estate mortgages on the west coast. Los Angeles FHA director notes 1938 1934 lack of home financing compared with today when banks aggressively market long term mortgages at low rates. System provides liquidity profitable return and security for lenders.
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