Government subsidy lowers mortgage rates to five percent
Secretary Carla Hills announced a HUD program to cut mortgage interest to 5 percent starting January, subsidizing helps for about 60,000 homes on the market and aiming to spur $6.5 billion in new construction and reduce unemployment among builders. Eligible mortgages cap at 28,800 for large urban families or 21,600 for small rural families, with down payments around 1,500 to 2,000.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carla Hills
Hills
Housing and Urban Development
Connally Looks Like Presidential Candidate At News Conference
John Connally, former Texas governor and Nixon cabinet member, sparked talk of a run for the GOP nomination as he spoke in Pittsburgh. He denied planning to run, but urged unity and a focus on issues, calling for a broader party platform and discussing New York's fiscal crisis and the economy.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
John Connally
Texas Overnor
Nixon Administration
Connally
Ford
United States
Treasury
Navy
Republican Party
GOP
California
Ronald Reagan
Pennsylvania School Boards Association
New York
City Institute
CIAP
John F. Kennedy
Warranties' New Look
Regional FTC official in San Antonio explains the Magnuson Moss Warranty Act effective for products after July 4 1978. Full warranties guarantee repair replacement or refund. limited warranties may be under 10 percent. Consumers can sue for breach of warranties and service contracts.
MENTIONED IN THIS ARTICLE
Morris Willson
Federal Trade Commission
FTC
San Antonio
Carl L Swanson
Dallas
FIC
Menger
Better Business Bureau of San
Magnuson-Moss
Swanson
Ali Leads Rally for New Murder Trial for Carter
heavyweight champion Muhammad Ali led 1,600 protesters at the New Jersey Statehouse urging clemency or a new trial for Rubin Hurricane Carter, joined by Joe Frazier, Jimmy Breslin, and Ellen Burstyn. They met Gov. Brendan Byrne as Carter and co defendant Artis appeal a judge’s ruling denying a retrial.
MENTIONED IN THIS ARTICLE
Trenton
Nat
John Aris
Carter
Artis
Trenton State Prison
Byrne
Ali
Miss Burstyn
Also Mentioned on This Page
Terry Holton
Kelly Air Force Base
Kelly
Miss Holton
Unity Connally
Shop Handy
Andy
Carton
Colorado U.S
Handy Andy All
Erees
Usda Good
Rally
Superior Court
Sarwel A. Larner
Fm Seal
Nautilus Fitness Center
Vantage DR
Et Callaghan
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