This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Mortgage rate climbs as NC keeps home loans tight
In Raleigh Rep. Daniel Lilley says removing the 8 percent ceiling may keep mortgage money flowing despite rates near 9 percent. Critics, led by Lillian Woo, warn rates could reach 10 to 11 percent, squeezing middle income buyers. Banks report 9 percent as typical with NCNB and others barely easing. The measure expires next summer unless extended.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Daniel T. Lilley
Dlenoir
North Carolina
Lilley
Lillian Woo
North Carolina Consumers Council
Woo
Federal Reserve Board
Fred Bivens
Cameron Brown Co
North Carolina National Bank
Robert Cashion
Charlotte
Ncnb Mortgage Group
General Assembly