Three Banks Rate Drop on Mortgages

28 - EVENING HERALD, FYi.. May 9. 1980 Community not a block to Stringfellow Puxxle prixe now $lyOOO Neighborhood Agency and last about the lack of low and moderate- But some people take the attitude it s -This week The Evening Herald’s Prizeweek Puzzle B y DAVE LAVALLEE summer he worked as a counselor cost housing in the town. He said the out of sight, out of mind. There are reached the $1,000 prize level, plus another $25 bonus for no compiaints there because there Herald Reporter and coordinator with the Summer town should pursue obtaining more home subscribers. 'Die response has been overwhelming in (;LAST()NBIJRY-It‘s not very Activities in Manchester program. U.S. Department of Housing and Ur aren’t any minorities,” he explained. easy to begin working in a new com While serving his nine-month stint ban Development Section 8 funding He has just landed a part-time job recent weeks with more than 1,000 entries received weekly S5 munity. There are certain people to at the Youth Services Bureau, for housing projects. with the Capitol Region Elducation, To help readers figure out the puzzle explanatiops, last meet and local unwritten rules that Stringfellow served on the Communi "The town wants to keep a good Council where he will be helping P 4 | week’s answer, plus a complete word list for this week, are youngsters fill out job applications need to be learned. Occasionally it ty Consortium on Positive Behavior image and it has remained a white, included with the puzzle. It appears in the TV SpdtUght sec can be difficult. and the town Human Relations Com middle class town,” the Manchester and tax forms. He will be working in , However, that wasn't the case with mission. On both panels, he served as resident said, . Wethersfield, Glastonbury and tion of today’s Herald. Tom Stringfellow, a student intern at a researcher and resource person. Stringfellow, who lives with his Rocky Hill. • Sfnea 1881 a 20c the Youth Services Bureau for nine “The consortium was effective parents Tommie and Gladys, said the “This will be a new experience in months. because it got information to the major issues facing the town are heiping people to better their lives,” Along with having to get to know community on drug and alcohol housing, and .improved access to he said. the town, he had to adapt to a place abuse. With their panei discussions, buildings for the handicapped. “In social work, changes come in where there are very few minority they presented a lot of good "The housing issue is going to have . incremental steps, so you have to residents. professional opinions," Stringfellow to be tackled in town. It is very take pride in small victories.” Three banks drop "At first, I do admit that I stood said. expensive to live here,” he said. out in the crowd, but I didn’t let the Stringfellow said drugs don't When asked about Glastonbury's color issue bother me. People appear to be a major problem in lack of minority residents Reward offered accepted my ideas,” the black Glastonbury. Stringfellow responded, "I believe University of Connecticut graduate "This is not a widespread problem, it’s good to have a mix. Without the HARTFORD (UPI) - A $20,000 rate on mortgages reward is being offered for informa student said. but the community is aware of it and mix, people don't have an idea as to tion in the murder of Ronald “1 tbink these people realize that trying to face it,” he said. how people with different skin colors By KEVIN FOLEY Turnpike office, said that although the number one problem facing this live. This tends to lead to narrow Ricupero, whose body was dis there are black persons who are He said the consortium will be Herald Reporter his bank is commercial, not country.” dignified. I tried to promote the trying to achieve more youth involve mindedness." covered in his home in Goshen on specializing in mortgages, rates April 9, the governor’s office an MANCHESTER -T h re e local Hale added he felt the drops in positive black image,” he said. ment over the next year. He said he really enjoyed working there dropp^ from 17 percent to 13 mortgage rates were by no means In September of last year, he The thin, but tall graduate student with the staff at Youth Services. nounced Thursday. banks have dropped their mortgage percent plus two points Friday. Like State’s Attorney Dennis Santore of rates, and one of them, the Heritage permanent and said he doesn’t think joined the staff at YSB under the served as the resource person to the “They are a warm group of people. First Federal, Hartford National rates will ever get back to what they direction of Clinical Director Human Relations Commission. They are also willing to help people Litchfield asked Gov. Ella Grasso to Savings and Loan, is offering 12 per Bank’s mortgage is a fixed rate and approve the reWard money. He said cent varidble rate mortgages. were prior to the 20 percent prime Thomas Gullotta. He worked at He said he gathered information from diffierent income levels,” he not a variable. lending rate apex recently Youth Services as part of his study about the town’s problems in dealing said. an intensive investigation had failed Contacted Friday afternoon, of- All the bankers contacted agreed to produce sufficient evidence poin ficals for Heritage, First Federal experienced. towards a master's degree in social with state handicap regulations. “I guess this happens to be one of the mortgage rates were anything "I wouldn’t be suprised to see the work from UConn. "The town is about three years the best youth services agencies in ting to a killer. Savings and the Hartford National but fixed m cement due to the extra- mortgage rates go down,” McCarthy Bank all announced a drop in rates Last week, he finished his duties at behind on following the handicapped the state," he said. ordinary highs hit recently in the prime said. ‘Hf we’re not expending a lot of the bureau and now he is awaiting regulations for its buildings," he Stringfellow said the Human largely due to lower money market lending rate. Clowns of America costs. interest, we can make more graduation on May 18 at the Storrs said. Relations Commission should try to "I feel artificial pressures are for mortgage money available.” A campus. Gullotta said Stringfellow was an achieve some minority representa EAST HARTFORD —The “ If you really believe in the cing the interest rate down,” Hale variable rate mortgage, you have to' “We haven’t licked inflation.” Cox t. The 23-year-old student has resided asset to the commission. tion. monthly meeting for the Greater said. “It’s an election year and for said. "The rates are temporarily Hartford Clowns of America wiil be get out of the pattern of averaging in Manchester, for 17 years. He “He gathered more information "I think they should actively the first time President Carter has down, but they could easily go up Tom Stringfellow has just completed a nine-month in attended Manchester High School, for the commission than I could recruit some minority persons for held in the Raymond Library on Main portfolios over a 25-year period,” made a good attempt at balancing Street May 12 at 7:30 p.tn. in the William Hale, president of Heritage again. Of course that’s not an erudite ternship at the Glastonbury Youth Services Bureau. He will be Manchester Community College, and have. He put in many hours of work the commission," he said. the budget after realizing inflation is opinion.” receiving his master’s degree in social work from the Univer the University of Connecticut for his for the commission at no cost to the "Giastonbury should be promoting Community Room. This meeting is said. Although his bank’s rates were open to anyone interested in the art as high as 1514 percent, it announced sity of Connecticut May 18. (Herald photo by Lavallee). undergraduate degree in sociology. town," Gullotta said. interracial harmony. It’s a classy He has worked at the Hartford Stringfellow said he is concerned , place and people want to come here. of clowning. * the new 12 percent rate plus two points Friday. "We’ve always written fixed rate MMH to buy mortgages,” he said, “but the money The 60&-foot freighter Summit Venture sits market (the cost of new money to Reqion----------- Most oppose Thirty one persons are feared dead when a banks) has been dropped to nine and off the western side of the toppled Sunshine Grehound bus and several autos plunged into a half percent allowing us to come nuclear plants Skyway bridge in St. Petersburg, Fla., with a Tampa Bay. (UPI photo). down on our mortgages.” CAT scanner Ryan directs program portion of the fallen span astride its bow. Unlike the fixed rate mortgages Manchester Memorial. WORCESTER, Mass. (UPI) - which carry a certain percentage By MARTIN KEARNS The state Commission on Hospitals SOUTH WINDSOR - Police tant that his department participates Nearly 60 percent of Massachusetts over 20, 30 or 40 years. Heritage's Herald Reporter Chief William Ryan has been ap in community affairs. Sgt. Edward residents oppose the construction of and Health Care will figure big into variable mortgage is adjusted on a MANCHESTER — Long range pointed as coin board piacement Kasheta will serve as his coordinator new nuclear power plants, but few actions taken on the plan. The com yearly basis with a 2 percent ceiling plans for Manchester Memorial director by the Connecticut Arthritis for the program and Officers would shut down plants already in Ship smashes bridge; per annum.

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