Sign in to comment!

Menu
Home

Disasters

On the US storm front, it's been quiet, too quiet: Hurricanes, tornadoes missing in action

After a couple years of wild, deadly and costly weather, the United States is mostly getting a lucky break this year. So far.

Hurricane and tornado activity in 2013 has been flirting with record low levels, while heat waves are fewer and milder than last year.

Meteorologists credit a combination of luck, shifts in the high-altitude jet stream, and African winds and dust.

So far, there have been eight tropical storms. Not one has developed into a hurricane, though Tropical Storm Humberto — way out in the Atlantic off Africa — is likely to become one soon.

If Humberto stays a tropical storm through Wednesday morning, 2013 will set the record for latest first hurricane of a season.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.92% up 3.91%  
15 Y Fixed Graph 3.05% dw 3.08%  
30 Y Fixed Jumbo Graph 4.25% dw 4.27%  
5/1 ARM Graph 3.03% dw 3.14%  
5/1 Jumbo ARM Graph 3.36% dw 3.46%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.47% up 4.46%  
$50K HELOC Graph 4.05% dw 4.06%  
$30K Loan Graph 5.07% -- 5.07%  
$50K Loan Graph 4.54% -- 4.54%  
$75K Loan Graph 4.54% -- 4.54%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.90% up 2.69%  
36 M Used Graph 3.29% up 3.16%  
48 M New Graph 3.02% up 2.76%  
48 M Used Graph 2.87% up 2.75%  
60 M New Graph 3.08% -- 3.08%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% -- 0.37%  
1 yr Graph 0.62% up 0.61%  
5 yr Graph 1.43% dw 1.44%