Mortgage rates turning American dream into nightmare
The four part series reports housing costs rising with high mortgage rates and complex loans. Builders, buyers, and lenders face demand shifts, with many families renting due to affordability. Rising prices and new loan types strain home ownership.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Rollin Barnard
U.S. League of Savings Associations
Bob Sheehan
National Association of Home Builders
Departments of Commerce and Housing and Urban Development
Federal Home Loan Bank Board
Closing costs add thousands when buying a home
The Associated Press explains that settlement costs can run into thousands beyond the mortgage. Cash due at closing includes loan origination fees appraisal survey points attorney fees title search and title insurance. Buyers pay some costs directly while lenders may impose others.
MENTIONED IN THIS ARTICLE
Associated Press
Drownings in Texas jail boat prompt probe by grand jury and NAACP
Three black teens arrested for marijuana possession at a Juneteenth event drowned when deputies capsized a small aluminum boat on Lake Mexia after removing handcuffs. Deputy Kenneth Archie, a Black officer, said the boat began to take on water about 40 feet out and was capsized. bodies of Steve Booker of Dallas and Mexia residents Carl Baker and Anthony Freeman were recovered.
MENTIONED IN THIS ARTICLE
Mexia
Texas
UPI
NAACP
Kenneth Archie
Lake Mexia
Archie
Steve Booker
Dallas
Carl Baker
Anthony Freeman
Lederer Loses Job After Expulsion Bid Collapse
Raymond Lederer, former congressman and Ab scam convict, has been laid off from his steamfitter position at a Philadelphia refinery after resigning from the House amid expulsion talks. He has held several jobs, including bartender and doorman, before this layoff.
MENTIONED IN THIS ARTICLE
Lederer
Philadelphia
Raymond Lederer
House
Also Mentioned on This Page
Barnard
United States
Sheehan
Midland Federal Savings of
Denver
Savings and Loan Associations
Barnard’s
The
Savings Association League
Savings and Loan
Richard Pickering
Syracuse Legal Clinic
Andrew J. Cohen
Jonathan MD. Golby
Irving M Hospital
General Informarn
Nuclear Medicine
Irving Unit
C Mey
Irving Avenue
Syracuse
New York
Irving Bank
John GC. Brown
Southside
Merchants Bank
Irving Bank Corporation
FDIC
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