[711Home-Sales]

[ANCHOR=Melanie]

[NEWSCAST=cutin]
[WRITER=jsu]
[TAPE#=99-20 1:48:50]
[GRAPHIC=]


It's been a source of debate in Congress, but now increases in interest rates are making an impact in Roanoke.
The rising interests rates are affecting some first time home buyers and causing a decrease in home sales in the Roanoke area.
That's what some Realtors say and they say if it continues that sales could go down drastically.
Joy Sutton has more.
(///// SOT /////)
[SOT]
[IN Q=Let me get]
[SUPER=03-Roanoke;00]
[SUPER=01-Pete Kelly/Real Estate Agent;23]
[SUPER=01-Lorna Hall/Real Estate Agent;49]
[SUPER=@Joy2;1:02]
[RUNS=1:10]
[OUT Q=N7 Roanoke]



(( (///// SOT /////)
[SOT09:30:08]
[IN Q=NAT SOUND]

((NAT SOUND: LET ME GET YOU TO SIGN IN AND GET YOU A FACT SHEET))
[RUNS= 3]
[OUT Q=fact sheet]


For those looking to buy a new home -- locking-in on a low interest -- can mean much lower monthly house payments.

Already this year interest rates have gone from around 6 and half percent to about 8 percent depending on how much money you put down.
Some Realtors say this has caused some people not to buy and others to buy more quickly.
(///// SOT /////)
[SOT 09:14:37]
[IN Q=The house I sold]

((PETE KELLY/REAL ESTATE AGENT: THE HOUSE I SOLD YESTERDAY WAS PART OF THAT. THEY WAS RUSHING TO GET THE LOAN AP. AND LOCK-IN THE INTEREST RATE BEFORE IT DOES GO UP))
[RUNS= 8]
[OUT Q=does go up]


And Realtors say if interest rates rise above 10 percent that's when home sales will really drop off dramatically.
(///// SOT /////)
[SOT 09:19:14]
[IN Q=If it goes too high]

((PETE KELLY/REAL ESTATE AGENT: IF IT GOES TOO HIGH WE'RE LOOKING AT A STALE MARKET. IT'S GOING TO BE OWNER FINANCE ONLY))
[RUNS= 8]
[OUT Q=finance only]

Realtors say first time home buyers seem to be the people most concerned.
(///// SOT /////)
[SOT 09:35:46]
[IN Q=I've seen them]

((LORNA HALL/REAL ESTATE AGENT:I'VE SEEN THEM EXPRESSING CONCERNS ABOUT IT. I'VE SEEN MORE OF THEM TALKING TO LOAN OFFICERS MAYBE DOING A VARIABLE RATE, AN ADJUSTABLE RATE LOAN INSTEAD OF THE FIXED RATE THAT WE'RE OFFERING NOW))
[RUNS= 14]
[OUT Q=offering now]


But Realtors agree even with the increase in rates buying a home is still a good investment.
Joy Sutton, News 7, Roanoke.))













[711WebWatch]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=eea]
[TAPE#=webwatch]
[GRAPHIC=webwatch]


The college student's dream come true is here.
Inexpensive college books and totally free stuff.
It's no joke, find out more on this weeks webwatch.
(/////SOT/////)
[SOT]
[IN Q=If you use]
[RUNS=1:25]
[OUT Q=WDBJ-7-dot-com]

(( [intro]
[RUNS= :05]


If you use Microsoft's MSN Messenger instant chat software be careful. A glitch could allow others using the computer to see your password and access your e-mail account. Microsoft says it's latest version of Messenger fixes the problem, the free download is available on the MSN website.

Heading back to college and looking for books? Varsitybooks-dot-com has course booklists for 300 major Colleges and Universities, including Virginia Tech and UVA, Radford and Virginia Western. or you can find your books with their search engine. Shipping only takes one to three days.

If you have baby, or one on the way, you need this bag... baby-bag-dot-com features a list of all the latest recalls of unsafe baby products. There are also advice columns, recipes, and stories from the story guy.

Finally, Totally-free-stuff-dot-com is a selfexplanatory site... a catalogue of websites offering free stuff... everything from free ink-jet cartridges to dog treats.
Of course nothing is ever really free... in this case most of the sites want information, about you or your friends, so be prepared to give up a little privacy if you want the freebies.

For links to these sites, click on WebWatch, on the WDBJ website, at WDBJ 7-dot-com.))



[7WEATHER]


[ANCHOR=KIMBERLY]
[NEWSCAST=CUTIN]
[WRITER=KMC]
[TAPE#=]
[GRAPHIC=]


Taking a look at your Monday forecast...it will be partly sunny with winds out of the south. Temperatures will be in the low-to-mid 80's. Tonight will turn mostly cloudy and temperatures will dip into the low-to-mid 60's. The extended outlook...


[SUPER=X5000; set dissolve]
[SUPER=314-Partly Sunny/Winds S 5-10/80-85/Turning/Mostly Cloudy/60-65;]
[SUPER=#555; reset]

[7BIRTHDAYS!] 8/24/99
Tuesday:

[SUPER=130-22/Jason Osborne/Greensboro, NC]



[SUPER=130-9/Amber Caldwell/Pembroke]


No Picture:

[SUPER=131-/Dean Arrington/Snow Creek]



[SUPER=131-/Westover Wimbush/Stuart]


[cutopen]
[SUPER=@Melanie1;]


[4511Teen-Killed]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=jha]
[TAPE#=99-37 25:49]
[GRAPHIC=]


Roanoke police have yet to arrest a suspect in connection with the weekend shooting death of a teenager.
(------------)
[VO-NAT]
[SUPER=03-Roanoke]


It happened early Saturday morning inside of Easley's Restaurant, located on Shenandoah Avenue.
Authorities it began as a fight between two groups of young men from different Northwest Roanoke neighborhoods.
Guns were then drawn and 19 year old Roshaud Jordan was fatally shot.
He suffered mutilple gun shot wounds.
Jordan's family and witnesses have identified two gunmen.
Police are investigating their claim, but are unable to confirm the suspects identities.
(------------)




[4511-81-Ax]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=jha]
[TAPE#=99-23 1:58:16]
[GRAPHIC=Accident]


There is still no word yet on the condition of a woman who had to be airlifted to a Roanoke hospital after crashing
her car on Interstate 81. (------------)
[VO-NAT]
[SUPER=03-Ironto]


It happened late yesterday afternoon near the Ironto exit.
Authorities say the woman was swerving to miss part of a tire that was lying on the highway when she over steered and hit the guard rail, where she was ejected from her vehicle.
Her car then continued forward and hit the guard rail again, where it came to a stop.
(------------)





[45Dog]


[ANCHOR=melanie]
[NEWSCAST=cutin]
[WRITER=rsp]
[TAPE#=]
[GRAPHIC=]


A dog in Roanoke dog, believed to be wolf hybrid, has been put down after biting a woman earlier this month.
Its owner, David Robinson, spent two-and-a-half days in jail last week for refusing to disclose the whereabouts of his pet.
The animal was tested for rabies and the results were negative.
But the animal had to be destroyed so authorities could test its brain tissue for the disease.
Prosecutors and health officials say Robinson's resistance caused the woman untold suffering.

[4511Home-Sales]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=jsu]
[TAPE#=99-20 1:48:50]
[GRAPHIC=]


The Federal Reserve's Federal Open Market Committee meets tomorrow to decide the future of interest rates.
The expectation is for a one-quarter point increase.
Rising interests rates are affecting some first time home buyers and causing a decrease in home sales in the Roanoke area.
Joy Sutton has more.
(///// SOT /////)
[SOT]
[IN Q=Let me get]
[SUPER=03-Roanoke;00]
[SUPER=01-Pete Kelly/Real Estate Agent;23]
[SUPER=01-Lorna Hall/Real Estate Agent;49]
[SUPER=@Joy2;1:02]
[RUNS=1:10]
[OUT Q=N7 Roanoke]



(( (///// SOT /////)
[SOT09:30:08]
[IN Q=NAT SOUND]

((NAT SOUND: LET ME GET YOU TO SIGN IN AND GET YOU A FACT SHEET))
[RUNS= 3]
[OUT Q=fact sheet]


For those looking to buy a new home -- locking-in on a low interest -- can mean much lower monthly house payments.

Already this year interest rates have gone from around 6 and half percent to about 8 percent depending on how much money you put down.
Some Realtors say this has caused some people not to buy and others to buy more quickly.
(///// SOT /////)
[SOT 09:14:37]
[IN Q=The house I sold]

((PETE KELLY/REAL ESTATE AGENT: THE HOUSE I SOLD YESTERDAY WAS PART OF THAT. THEY WAS RUSHING TO GET THE LOAN AP. AND LOCK-IN THE INTEREST RATE BEFORE IT DOES GO UP))
[RUNS= 8]
[OUT Q=does go up]


And Realtors say if interest rates rise above 10 percent that's when home sales will really drop off dramatically.
(///// SOT /////)
[SOT 09:19:14]
[IN Q=If it goes too high]

((PETE KELLY/REAL ESTATE AGENT: IF IT GOES TOO HIGH WE'RE LOOKING AT A STALE MARKET. IT'S GOING TO BE OWNER FINANCE ONLY))
[RUNS= 8]
[OUT Q=finance only]

Realtors say first time home buyers seem to be the people most concerned.
(///// SOT /////)
[SOT 09:35:46]
[IN Q=I've seen them]

((LORNA HALL/REAL ESTATE AGENT:I'VE SEEN THEM EXPRESSING CONCERNS ABOUT IT. I'VE SEEN MORE OF THEM TALKING TO LOAN OFFICERS MAYBE DOING A VARIABLE RATE, AN ADJUSTABLE RATE LOAN INSTEAD OF THE FIXED RATE THAT WE'RE OFFERING NOW))
[RUNS= 14]
[OUT Q=offering now]


But Realtors agree even with the increase in rates buying a home is still a good investment.
Joy Sutton, News 7, Roanoke.))













[45WEATHER]


[ANCHOR=KIMBERLY]
[NEWSCAST=CUTIN]
[WRITER=KMC]
[TAPE#=]
[GRAPHIC=]


Turning to your Monday forecast...
Partly sunny and a bit breezy today, with highs in the low to mid 80s.
Turning mostly cloudy tonight, with lows in the lower 60s.
The work week outlook promises more cloud cover, and the possibility of showers through Thursday.
Highs in the 80s...lows in the 60s.


[SUPER=X5000; set dissolve]
[SUPER=314-Partly Sunny/Winds S 5-10/80-85/Turning/Mostly Cloudy/60-65;]
[SUPER=#555; reset]

[cutopen]
[SUPER=@Melanie1;]


[811Teen-Killed]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=jha]
[TAPE#=99-37 25:49]
[GRAPHIC=]


An early morning fight turned into a deadly incident. .
(------------)
[VO-NAT]
[SUPER=03-Roanoke]


It happened around two o'clock Saturday morning inside of Easley's Restaurant.
Authorities say it started as a fight between two groups of young men from different Northwest Roanoke neighborhoods.
The dispute became deadly when guns were pulled and 19 year old Prentice Roshaud Jordan of Roanoke was shot.
Jordan was pronounced dead at the scene from multiple gunshot wounds.
Jordan's family and witnesses have identified two gunmen.
Police are continuing to investigate their claim, but are unable to confirm the suspects identities.
(------------)




[8Internet]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=rsp]
[TAPE#=]
[GRAPHIC=]


It's a matter of constroversy that state courts keeping changing their minds on.
The lastest court to hear arguements challenging a 1996 Internet law is scheduled for next month in a federal appeals court.
The law forbids state employees from using their computers at work to look at sexually explicit material.
The case was brought by the American Civil Liberties Union and six professors.
The professors contend the law limits their ability to conduct research in such areas as human sexuality, art history and even English literature.
Last year, a federal judge in Alexandria struck down the law. But in February, a three-judge panel of the Fourth U-S Circuit Court of Appeals in Richmond overturned that ruling.
The full appeals court will hear the case September 21st.

[811WebWatch]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=eea]
[TAPE#=webwatch]
[GRAPHIC=webwatch]


The internet has been a source for all kinds of needs and information.
But, now college students can find inexpensive books, and they won't have to wait in long lines to buy them.
Find out more about the site, as well as where to get free stuff on this weeks webwatch.
(/////SOT/////)
[SOT]
[IN Q=If you use]
[RUNS=1:25]
[OUT Q=WDBJ-7-dot-com]

(( [intro]
[RUNS= :05]


If you use Microsoft's MSN Messenger instant chat software be careful. A glitch could allow others using the computer to see your password and access your e-mail account. Microsoft says it's latest version of Messenger fixes the problem, the free download is available on the MSN website.

Heading back to college and looking for books? Varsitybooks-dot-com has course booklists for 300 major Colleges and Universities, including Virginia Tech and UVA, Radford and Virginia Western. or you can find your books with their search engine. Shipping only takes one to three days.

If you have baby, or one on the way, you need this bag... baby-bag-dot-com features a list of all the latest recalls of unsafe baby products. There are also advice columns, recipes, and stories from the story guy.

Finally, Totally-free-stuff-dot-com is a selfexplanatory site... a catalogue of websites offering free stuff... everything from free ink-jet cartridges to dog treats.
Of course nothing is ever really free... in this case most of the sites want information, about you or your friends, so be prepared to give up a little privacy if you want the freebies.

For links to these sites, click on WebWatch, on the WDBJ website, at WDBJ 7-dot-com.))



[811Blue-Grass]


[ANCHOR=Melanie]
[NEWSCAST=cutin]
[WRITER=jsu]
[TAPE#=99-21 1:48:54]
[GRAPHIC=]


The Vinton Old Time Blue Grass Festival and Competition is a great way to bring people out from the community to enjoy some good ole fashion music.
(------------)
[VO-NAT]
[SUPER=03-Vinton]
(///// SOT /////)
[SOT]
[IN Q=NAT SOUND]

((NAT SOUND:BAND PLAYING))
[RUNS=5]
[OUT Q=NAT SOUND]


The four day festival wrapped up yesterday with several bands playing that good ole blue grass music.
It's a family event that has been going on for the past 11 years. And it's always free to the public.
(------------)


[8WEATHER]


[ANCHOR=KIMBERLY]
[NEWSCAST=CUTIN]
[WRITER=KMC]
[TAPE#=]
[GRAPHIC=]


Shifting gears now to weather....
Partly sunny and seasonable today, with afternoon temperatures reaching the mid 80s.
Turning mostly cloudy tonight, with lows in the low to mid 60s.
The five day forecast is increasingly cloudy, with scattered showers off and on this week.
Highs in the 80s...lows in the 60s.

[SUPER=X5000; set dissolve]

[SUPER=#555; reset] [SUPER=314-Partly Sunny/Winds S 5-10/80-85/Turning/Mostly Cloudy/60-65;]