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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Apr 19, 1968

Page

7

Rates on New Home Mortgages Climb Toward 8 Percent

Nationwide survey shows mortgage rates rising toward 8 percent with averages around 7 percent in major cities such as Dallas Seattle and Portland. Banks say higher financing costs may push prices higher though builders expect 1968 to improve as buyers face rising rates.

George Taylor New York Dallas Denver Lincoln Neb Seattle New York State Portland Ore Maryland Phoenix John Rhuart First National Bank of Assembly Francis J. Moynihan Syra Virginia General Assembly Associated Birmingham Builders Association Central Drace c The National Association of Home

Kennedy McCarthy push for peace talks and rising mortgage costs

Kennedy tours Oregon urging immediate Vietnam peace talks while McCarthy presses for debate participation. Mortgage rates edge higher as reserves consider another discount-rate rise. Builders warn housing starts may rise to 1.13 million, driven by demand despite higher costs and steady price climbs.

Avalanche-Journal Robert F. Kennedy Oregon Vietnam Federa Eugene McCarthy Reserve Board Washington Lowell Go Ford Federal Savings and Loans Association New York Nelson A. Rockefeller South McCarthy Indianapolis Ind Rockefeller

Housing costs rise across regions prompt price forecasts

A compilation shows median home prices climbing in multiple markets from California to Alaska. Notable figures include Southern California at 25 000 dollars, Hawaii at 35 000 and Raleigh North Carolina around 18 000 to 20 000, with many areas predicting further increases in coming months.

New York Robert H. Winnerman U.S. Home & Development Corp New Jersey Winnerman Johns-Manville Corp Johns Manville William Miller The Mortgage Banking Divi California Dallas Hawaii Montpelier New Orleans Juneau Alaska Raleigh N.C

Officers Installed By Slaton PTA

West Ward PTA in Slaton installed two year officers led by Mrs. Milt Ardrey as president and Mrs. Harley Castleberry as first vice president. Also named were Mrs. Joe Langehenning as vice president Mrs. J R Jenson as secretary and Mrs. Tim Bourn as treasurer. Dr P L Vardy praised installing officer Mrs Charlie Walton who has long PTA service.Outgoing president Mrs Don Sikes received a gift.

Slaton West Ward PTA iiThey Milt Ardrey Harley Castleberry Joe Langehenning J. R.‘Jenson Tim Bourn P.L. Vardy Charlie Walton Don Sikes

Also Mentioned on This Page

Kennedy Swauxee Pentty Hioh Bloomington City Indiana Roger Romney Minnesota Ted Branigin Humphrey Richard M. Nixon Ane aMunaue Ang United Democrats George Romney Michigan Sen. McCarthy South Dakota Wisconsin Madison Chicago Tribune Democratic Party the Tribune Ion of American Des Moines Towa Massachusetts Letcher National Bank P-Ta Evess Folens Plough, Inc Powell & Phipps Continental Oil & Air Filters B. F. Goodrich Mobil’s Southwest Mobil LRE Lubbock's RCA & Whirlpool Rod Springfield MGR Evert Aes Lobe Shopping America JRRY Globe
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