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Disasters

Many still struggle to recover a year after Superstorm Sandy pummeled New Jersey

Some families at the Jersey shore still can't go home nearly a year after Superstorm Sandy.

Bart Sutton fought with his insurance company over what it would cost to rebuild his flood-damaged home in Union Beach, then gave up in frustration and tore it down.

A week later, the money he had sought came through.

Simone and Ken Dannecker fixed their flooded home themselves.

Now, with the work all but done, they are all but bankrupt — and still can't afford to elevate the house they fought so hard to stay in.

And Gigi Liaguno-Dorr (JEE'-jee lee-uh-GOO'-noh dohr) needs $2 million to rebuild the bayfront restaurant that was one of Union Beach's major employers. She has less than a quarter of that and says she has never felt so helpless.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.29% dw 4.30%  
15 Y Fixed Graph 3.23% dw 3.29%  
30 Y Fixed Jumbo Graph 4.67% up 4.58%  
5/1 ARM Graph 3.33% dw 3.45%  
5/1 Jumbo ARM Graph 3.62% up 3.52%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.38% -- 4.38%  
$50K HELOC Graph 4.11% -- 4.11%  
$30K Loan Graph 4.98% dw 4.99%  
$50K Loan Graph 4.39% dw 4.40%  
$75K Loan Graph 4.39% dw 4.40%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.89% dw 2.91%  
36 M Used Graph 3.40% dw 3.43%  
48 M New Graph 3.15% dw 3.19%  
48 M Used Graph 2.90% dw 2.97%  
60 M New Graph 3.16% dw 3.22%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.35% up 0.34%  
1 yr Graph 0.67% dw 0.68%  
5 yr Graph 1.38% -- 1.38%