F.H.A. Mortgage Interest Raised From 5 to 5 %; F.H.A. MORTGAGES INCREASED TO 5 %
Govt raises to 5 1/2% maximum interest rate on home mortgages insured by FHA; Sec Weaver orders rise to assure flow of funds after it became clear rising trend in interest rates would not reverse; move seen facilitating sales of older houses; VA-guaranteed mortgage rates to remain, at least temporarily, at 5 1/4%; Asst Sec Brownstein justifies FHA rise; Reprs W Patman and W A Barrett attack it, charging rise will cause rise in interest on conventional mortgages