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The Tribune
Roanoke, Virginia
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Veterans Administration reports nearly 25% drop in June appraisal requests for proposed GI homes to 52,424, slight decline for existing homes to 37,795, and 58,738 GI loan guaranty applications.
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VA received appraisal requests for 52,424 proposed homes during June, 16,856 less than were received in May, 1955, but about the same number as were received during June and July of last year.
Appraisal requests for existing homes showed only a slight decline in June. VA received appraisal requests for 37,795 existing homes, less than three percent below the 38,920 received in May, 1955.
VA received 58,738 applications for GI home loan guaranty during June, the 11th straight month that the monthly rate has topped 50,000.
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Domestic News Details
Event Date
June
Outcome
appraisal requests for proposed gi homes dropped nearly 25 percent to 52,424 from 69,280 in may 1955; existing homes slight decline to 37,795 from 38,920; 58,738 applications for gi home loan guaranty.
Event Details
The Veterans Administration announced a nearly 25 percent drop in appraisal requests for proposed GI homes during June, receiving 52,424 requests, 16,856 less than in May 1955 but similar to June and July of last year. Requests for existing homes declined slightly to 37,795. VA received 58,738 applications for GI home loan guaranty, the 11th straight month over 50,000.