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Let’s say you take out a 5/1 ARM loan for $300,000 with a 6.5 percent interest rate. For the first five years of the 30-year loan, your rate would be locked in at 6.5 percent, making your ...
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [1] The loan may be offered at the lender's standard variable rate/base rate. There may be a direct ...
All 21 counties in the state were under a flood watch on July 9, as much of New Jersey was included in a moderate risk of excessive rainfall from an outlook released by the Weather Prediction Center. [ 174 ] [ 175 ] Fourteen counties were also included in a severe thunderstorm watch as portions of the state were under a slight risk for severe ...
School buildings near Leominster also suffered damage, and more than 15 roads, including portions of the Massachusetts Turnpike (I-90), Route 13 and Route 2, were closed due to flooding and road damage. [1] [16] [17] [18] At least 9.5 inches (240 mm) of rain fell in several hours in Leominster, and an evacuation order was also issued for low ...
Hoboken is usually one of the worst hit New Jersey communities when it comes to flooding. But by 8 a.m., most streets on the city’s flood-prone westside were open.
August 21–24, 2021 – Tropical Storm Henri looped through New England, bringing heavy rainfall and flash flooding to northern New Jersey. [110] September 1, 2021 – The remnants of Hurricane Ida hit New Jersey on September 1, bringing tornadoes and flash flooding, a rare tornado emergency was issued for the city of Trenton at the same time ...
A map of 24-hour rainfall totals, from 9 p.m. EDT Thursday to 9 p.m. EDT Friday, shows the excessive rainfall amounts across New York City, leading to travel chaos on Friday.
The Raritan River is nearing flood stage in Manville. At 6 a.m. the river had reached 10.95 feet; flood stage is 12 feet. The National Weather Service is expecting the river to crest at 16.8 feet ...