Sign in to comment!

Menu
Home

Disasters

West Coast lawmakers seek funding for earthquake early warning system

Two dozen U.S. lawmakers from California, Washington and Oregon are calling for funding of an earthquake warning system designed to give residents a few seconds of notice of imminent shaking after a quake occurs.

An alert system exists in Japan, Mexico and several other quake-prone countries.

The West Coast representatives sent a letter Thursday to the Appropriations Committee calling for $16 million a year to build, operate and maintain an alert system.

The move comes days after a magnitude-5.1 quake rattled the greater Los Angeles region. The shaking caused scattered damage, but no serious injuries.

The U.S. Geological Survey has partnered with three universities to test a prototype warning system. The system can't predict earthquakes and people at the epicenter won't get any warning, but those farther away could benefit.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.17% dw 4.18%  
15 Y Fixed Graph 3.19% -- 3.19%  
30 Y Fixed Jumbo Graph 4.35% -- 4.35%  
5/1 ARM Graph 3.25% up 3.16%  
5/1 Jumbo ARM Graph 3.61% up 3.45%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.41% dw 4.52%  
$50K HELOC Graph 4.06% dw 4.09%  
$30K Loan Graph 5.08% up 5.07%  
$50K Loan Graph 4.55% dw 4.56%  
$75K Loan Graph 4.55% dw 4.56%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.06% -- 3.06%  
36 M Used Graph 3.29% -- 3.29%  
48 M New Graph 3.05% up 2.96%  
48 M Used Graph 2.96% -- 2.96%  
60 M New Graph 3.22% -- 3.22%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% up 0.36%  
1 yr Graph 0.60% -- 0.59%  
5 yr Graph 1.45% -- 1.45%