In today’s newsletter, we discuss the roller-coaster ride in mortgage rates as well as how the $2 trillion CARES Act may impact you.
I hope you're doing well during this difficult time, and please let me know if I can be a resource to you in any way!
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How Homeowners & Buyers Benefit from the CARES Act
Here are four major ways that the Coronavirus Aid, Relief, and Economic Security (CARES) Act benefits homeowners and buyers:1 – “Economic Impact” Checks of $1,200Eligible taxpayers who filed tax returns for eith...
How Business Owners & Independent Contractors Benefit from the CARES Act
Here’s how the Coronavirus Aid, Relief, and Economic Security (CARES) Act benefits business owners and independent contractors:“Paycheck Protection Program” (PPP) Loans Up to 2.5 times Your Monthly PayrollBusine...
Here’s how coronavirus fears have impacted mortgage rates: Initially, Mortgage Rates Dropped to Historic LevelsMortgage rates are determined by the supply and demand for mortgage bonds in the bond market. When mortgage bon...
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