John Fitzgerald Kennedy said "I've directed the Federal Housing Administration to reduce the maximum permissible interest on FHA-insured loans from 5 3/4 to 5 1/2 percent." @ PoliticalQuotes.com

On the recordJanuary 31, 1961

I've directed the Federal Housing Administration to reduce the maximum permissible interest on FHA-insured loans from 5 3/4 to 5 1/2 percent.

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Democratic · Massachusetts

Source

The President's News Conference

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