The Economic Stimulus Package. What's in it? What's been left out? When do we start cashing our rebate checks?
This article from Realty Times sheds some light on progress:
Washington Report: Economic Stimulus Package for Housing
"One economist in Washington estimates this change alone -- even if it's in place for just 12 months -- could stimulate over a quarter of a million home purchases, plus help thousands of financially-stressed owners facing payment resets on jumbo mortgages to refinance into saner, safer fixed rate alternatives."
I, for one, hope he is correct.
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