| Show Predict Good Year In Home Improvements A good year lies ahead for home improvements in savings and loan association home improvement loan managers IN 1971 there were home improvement loans made for a total of by the state's insured Utah Savings and Loan League statistics Money for home improvement loans is available at interest rates which have not changed appreciably in over a LEROY P. vice president in charge of home improvement loans at American Savings and Loan Association's Sugar House said the demand for home improvements appears strong and should continue to be strong for the remainder of He added that residents are converting or improving existing areas of their homes to provide a better living formal dining room has gone from new homes except for more expensive models and families are creating the family room in the basement or as an addition to the house to meet their he Richard A. manager of First Federal Savings and Loan Association's home improvement loan is also optimistic about was a lot of new construction in 1971 so people want money to landscape or to finish basements and those with older homes are updating Fisher He added that the insured savings and loan associations in Utah are financial institutions that specialize in home loans and home improvement is because of this specialty that makes Uie associations one of the leaders in home improvement and mortgage he HOWARD J. assistant vice president in charge of home improvement loans at Deseret Federal Savings and Loan said home owners are taking a closer look at their present home and improving it instead of buying a new improvement borrowers are becoming more sophisticated and making more basic and worthwhile home improvements instead of adding and family rooms continue to lead the list of home GRANT I. mana ger of Prudential Federal Savings and Loan Association's home modernization loan said the association is looking at 1972 as an excellent year for home year was a good with many home owners adding rooms onto their he people who have low interest rates on their present mortgage live close to their church and like their would rather remodel their home instead of moving to a new one and paying a higher interest ALL managers agreed that interest rates on home improvement loans are a good value with terms very Insured savings and loan associations can lend up to for a period of eight |
