August 2019

This week’s Interest Rate 30 Y Rate: 3.625%/  15 Year Rate:3.250%/ 10 Y Treasury: 1.474%/  Prime Rate:5.25% Ref IR: 2.00- 2.25%   Ticketing using Smart Meter in Palisades Park will be prohibited soon      (The Korera Times  8/24) Governor Phil Murphy vetoed against the bill to do ticketing using smart meters by camera.  Consequently, Palisades Park town will have to stop using smart...

This week’s Interest Rate 30 Y Rate: 3.625%/  15 Year Rate:3.250%/ 10 Y Treasury: 1.552%/  Prime Rate:5.25% Ref IR: 2.00- 2.25%   Palisades Park residents are questioning on major school renovation project (The Korean  Daily  8/20) Palisades Park residents are anticipating announcement of additional $60M budget for school renovation and it’s itemized detail and tax increase, but it is not...

This week’s Interest Rate - 30 Y Rate: 3.625%/  15 Year Rate:3.250%/ 10 Y Treasury: 1.702%/  Prime Rate:5.25% Ref IR: 2.00- 2.25%   Drunken youth came out of Palisades Park NoRaeBang assaulted a passenger (The Korea Times  8/10) On 8/5, 13 drunken youths came out of NoRaeBang in Palisades Park attacked a street passenger.  It is known that NoRaeBang is run by Mr.M who is one of town...

This week’s Interest Rate      30 Y Rate: 3.500%/  15 Year Rate:3.150%/ 10 Y Treasury: 1.716%/  Prime Rate:5.25% Ref IR: 2.00- 2.25%   “Daiso” Japan opened its super store in Edgewater, NJ (The Korea Daily  8/6) Daiso store(7000sf) location is next door to Mitsuwa Market Place in Edgewater: 595 River Rd, Edgewater, NJ. 1st store opened at Skyview Center in Queens, NY  on March...