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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 ...
The Hackensack at River Vale was at 6.38 feet, above its minor flooding mark there of 5.3 feet. The Pascack River in Westwood was at 5.4 feet, slightly above its normal minor flooding stage of 5 feet.
Flood warnings remain in effect in New Jersey as weather forecasts show a Friday evening storm could bring more rain. NJ flooding: Passaic River levels continues to rise as evening storm ...
In North Jersey, it will expire at 5 p.m. Monday. A 3 p.m. update by the Weather Service predicted rainfall totals of 2 to 4 inches with locally higher amounts, possibly as much as 5 to 6 inches ...
1] The Passaic Flood in Northern New Jersey, in the Passaic river valley, began on October 9, 1903, and lasted through October 11. Slow-moving remnants of a tropical storm triggered the flood. 11.4 inches (290 mm) of rain fell within 24 hours on Paterson, New Jersey , which received over 15 inches (380 mm) of rain during the entire event.
Portions of Teterboro, New Jersey were left underwater due to the floods. [201] The Morris & Essex Lines were suspended between Dover and Summit, New Jersey due to the flooding. [202] Ground stops occurred at Philadelphia International Airport, John F. Kennedy International Airport, LaGuardia Airport and Newark Liberty International Airport. [203]