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News in Frederick, Maryland

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Nov 09, 1950

Page

14

Family Budgets Little Affected By This Week's Price Cuts

Retail price changes were mostly downward but small in impact on families. Eggs fell two to five cents a dozen as supplies rose, coffee priced down one to three cents per pound, beef and pork costs edged down modestly, while lamb and veal stayed steady. Fresh produce mostly lowered with Florida oranges and other items, though snap beans rose due to hurricane damage. Cranberries remain prominent as a large crop expected to be the second largest on record, 32 percent above the 1939-48 average.

Associated Press Agriculture Departments Florida California Washington Oregon

Questions and Answers from the World War Era

The Q and A cover topics including the U S high commissioner in Austria Walter J Donnelly the fire stone labradorite used in jewelry illiterates versus college graduates with two million illiterates in the U S and Persia s ruler Shah Mohammed Reza Pahlavi.

U. S Austria Walter J. Donnelly Canada Persia Shah Mohammed Reza Pahlevi

Draftees and Vets Guide Warns on Home Purchases

Major Thomas M. Mat explains draftees and World War II veterans face large initial payments for homes and loans. Inflation drives high down payments from five to 45 percent, while non veterans also face stiffer upfront costs. The advisory urges planning finances before buying any property.

Thomas M. Mat Washington Sam

VA GI loan rules require large down payments on new contracts

The article explains the October 12 1950 provision affecting GI home loans for veteran builder or seller contracts and outlines down payment expectations. It gives examples of down payments for various home prices and notes loan terms, including 20 to 30 year maximums, with options for extended terms if monthly payments would be unaffordable. It also discusses down payment sources, including life insurance policy loans, and mentions direct VA loans and banking restrictions.

Moewear Roth

Also Mentioned on This Page

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