FHA VA mortgage guarantees raise interest rates nationwide
The FHA and VA boosted guaranteed mortgage rates from 5 percent to 5. and then to 5 3 4 percent, with an additional borrower charge to fund mortgage insurance. The change aims to help homeowners who cannot qualify for bank credit, though it signals inflationary pressure and higher housing demand in Frederick County.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
The
Veterans Administration
FHA
Frederick County
Rusk Rejects De Gaulle's NATO Exit Plan and Costs
Secretary of State Dean Rusk told a French magazine that NATO can function without France as fourteen allied nations represent 450 million people with vast military power. He blamed de Gaulle for1811 stalling and said the United States will not be swayed, demanding proper financial arrangements to dismantle and remove U S military assets in France while preserving alliance safeguards. He warned an orderly change requires time and bilateral treaty provisions.
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United States
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Non
Republicans seek genuine business support beyond party label
Republican professionals lament that business ties to the party yield limited benefit and expose politicians to criticisms of political naivety. They note executives fund far-right causes yet lack practical political understanding, urging a more effective, informed business role in national politics.
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Business Party
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Goldwater
Republican Party
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Pennsylvania
Washington
National Association of Manufacturers
Chamber of Commerce
Cambodia Expands Military Aid Network Under Sihanouk
Hanoi sets up a diplomatic mission in Cambodia as evidence grows of Cambodia becoming a Communist military supply base. Sihanouk cites French and Chinese arms deliveries, Soviet MiG 17s, and new border roads as Cambodian forces press into Thailand. Vietnamese and U.S. officials note Vietnamese moving into border regions and a surge of Cambodian rice moving toward South Vietnam amid countermeasure studies.
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First Baseman Signing Hopes Center on Dunn Jr
Jack Dunn Jr son of the Baltimore International circuit owner is expected to report to the Blue Ridge League club next week though no signed contract exists yet. Chippewa Tribe No 19 Red Men prepare for July celebrations with tribes from several states invited.
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Debt dispute with France taps U S gold reserve
Washingtonbound column argues the United States should press France to repay World War I and II debts, totaling about $6.7 billion, plus interest. It says $4.8 billion is past due, with $1.9 billion more in coming due, and notes U S bonds and gold reserves, NATO aid, and France's De Gaulle stance as context.
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United States
France
Germany
America
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de Gaulle
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