if you know for sure you will
be living in the house in 15
or 30 years," Mr. Babcock
said.
Options for refinancing in-
clude a fixed rate, a variable
rate and a balloon-reset.
Banking experts suggest a
fixed rate for those planning
to stay in a home for seven
years. Otherwise, an ad-
justable or a ballon-reset are
also options.
Balloon-reset rates are be-
ing offered below the
average rates and are fixed
for seven years. After seven
years, they are adjusted to
slightly above the going rate
for the remaining term of
the mortgage.
❑
& P Women
Held Meeting
"Specialty
Retailing:
What's New and Why" will
be the focus of a gathering of
the Business and Professional
Women of the Jewish Federa-
tion of Metropolitan Detroit,
6 p.m. Feb. 5 at Somerset Inn,
Troy.
Barbara Ashley, group
senior vice president of retail
for the Taubman Co., will
speak. She visits major retail
markets to evaluate new mer-
chandising concepts, helping
to determine development
plans and marketing
strategies.
The event is open to all in-
terested women. There is a
charge; there will be no Cam-
paign solicitation. For reser-
vations by Jan. 28, call Ellen
Krivchenia, 642-4260.
3000 GT SL
Police Pressure
Neo-Nazi Group
Budapest (JTA) — The
Hungarian police are in-
vestigating an international
neo-Nazi ring active here.
Police spokesman Gyorgy
Suha confirmed its existence
and, according to local
newspapers, several mem-
bers have been arrested re-
cently.
Hungarian neo-Nazis are
believed to be linked to neo-
Nazi organizations in
neighboring Austria. The
chief commissioner of the
Hungarian police, Sandor
Pinter, went to Vienna to
discuss the problem with
Austrian authorities.
Neo-Nazi propaganda
leaflets have been seized by
the Hungarian police and
their printing presses have
been confiscated. According
to press reports, the neo-
Nazi chain is international.
But its membership is
limited.
"0" DOWN
0/alb
$ 450
per month
*48 month lease
all options including leather
interior, CD player, rear spoiler.
Stock #7033
Al■
3530910
`Closed end lease for qualified customers. Lease payments based on 48 months, 1st mo.
payment & $500 security deposit, 60,000 mile limitation, 15' per mile over 60,000 mi.
Lessee has no obligation to purchase vehicle at lease end, but has purchase option at
price to be determined at lease inception. Lessee is responsible for excessive wear and
tear & depreciation. To get total payments multiply payments by 48. Lessee subject
to 4% use tax plus license, plates & title.
•
•
•
SPE
Eye Examinations
Ultimate Eyewear
Custom Contact Lenses
Dr. M. Gottesman • Dr. M. Weishaus
Applegate Square
Northwestern Hwy.
(between 12 & 13 Mile Road)
Optometrists
Call 358-2920
MITSUBISHI
i3ROKEN WINDSHIELD
Domestic
Cars Only
$ 30° 1
When you pay
with cash or off
your deductible
with cash
Call for Appointment 355-1200
PURITAN AUTO GLASS SERVICE CENTER
The Puritan Auto Service Mall • 21545 Telegraph Rd. (Just V2 Mile South of Nine Mile), Southfield
Monday•Friday 8 a.m.-5 p.m., Saturday 8 a.m.-Noon
THE DETROIT JEWISH NEWS
55