Sign in to comment!

Menu
Home

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 4.08% dw 4.12%  
15 Y Fixed Graph 3.23% up 3.21%  
30 Y Fixed Jumbo Graph 4.51% dw 4.89%  
5/1 ARM Graph 3.46% up 3.30%  
5/1 Jumbo ARM Graph 3.44% dw 3.57%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.30% up 4.29%  
$50K HELOC Graph 4.06% up 4.04%  
$30K Loan Graph 5.10% -- 5.10%  
$50K Loan Graph 4.53% -- 4.53%  
$75K Loan Graph 4.53% -- 4.53%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.38% up 0.37%  
1 yr Graph 0.70% -- 0.70%  
5 yr Graph 1.51% up 1.47%