Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.

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The clipping this text was read from
The clipping this text was read from

mortgaged, that is, the mortgage loan (or loans) covered the entire purchase price;

Only 2 percent of homes costing $35,000 or more were fully mortgaged;

Median monthly mortgage payments ranged from an average of $91 for properties with a purchase price of less than $5,000 to over $300 for those purchased at $35,000 or more;

Veterans purchased more expensive homes than non veterans with median purchase prices of$19,900 and $17,600, respectively.

The information appears in “Purchase Price of Mortgaged Homeowner Properties Acquired in

95.5%