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FG 97 (Commission to Study Mortgage Interest Rates)

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These Presidential historical materials are in the custody of the National Archives and Records Administration under the provisions of Title I of the Presidential Recordings and Materials Preservation Act of 1974 (44 U.S.C. 2111 note), and implementing regulations. In accordance with the act and regulations, archivists reviewed the file group to identify private or personal as well as non-historical items. Such items, if found, have been withdrawn for return to the individual with primary proprietary or commemorative interest in them.

Materials covered by this act have been archivally processed and are described in this finding aid. Items that are security classified or otherwise restricted under the act and regulations have been removed and placed in a closed file. A Document Withdrawal Record (NA Form 14021) has been placed in the front of each folder describing each withdrawn item. Employees of the National Archives will review periodically the unclassified portions of closed materials for the purpose of opening those which no longer require restrictions. Classified documents may be reviewed for declassification under authority of Executive Order 13526 in response to Mandatory Review Request (NA Form 14020) submitted by the researcher.

  • Linear measurement of materials:  < 1 in.
  • Number of pages:  42

Organization Information

The Commission to Study Mortgage Interest Rates was established by an act of Congress, May 7, 1968 (Public Law 90-301). Congress found that the national goal of a "decent home and a suitable living environment for every American family" cannot be reached unless there is an adequate supply of mortgage credit at rates of interest the American family can afford. The Commission studied mortgage interest rates and made recommendations to assure the availability of an adequate supply of mortgage credit at a reasonable cost to the consumer. The Commission was comprised of fifteen members; five members directly appointed by the President. The Commission terminated in October 1969 after submitting its final report.

Scope and Content Note

The records consist of correspondence and memorandums. Primary correspondents include the President, John D. Ehrlichman, Arthur F. Burns, Hugh Sloan, Paul McCracken, John R. Brown, James S. Dusenberry (Chairman for the Commission to Study Mortgage Interest Rates), and the other members of the Committee. Topics include discussion of terminating the Committee after its report to Congress, and the President thanking the Committee members for their hard work on the Committee.

The terms Executive and General are used before the code FG 97 generally to determine the source of the materials. Items designated Executive are communications among national, foreign, state and local governments and their agencies, Members of Congress, and other prominent people. Items designated General are communications between Government officials and private citizens, institutions, and other private interests.

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