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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presidency.ucsb.eduI'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.
The President's News Conference
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No, we are going to bring back several hundred before the end of the year.
It symbolizes, I believe, this highway, first of all, the partnership between the Federal Government and the States, which is essential to the progress of all of our people.
And I think that--the governmental standards, let me say, on the whole I think compare favorably with those in Washington, with those in some other parts of America.