Only 8% of homeowners in San Francisco would be able to cover their monthly mortgage payment with the amount they receive in their stimulus checks
Paying off debt such as a mortgage is one of the best ways to use your coronavirus stimulus check, according to financial experts. Unfortunately, for some Americans, their stimulus checks will barely make a dent in their housing costs.
A new report from real-estate brokerage Redfin RDFN, -4.23% examined how much stimulus checks will help offset housing costs for homeowners and renters in the largest metropolitan areas nationwide. The most recent stimulus package, known as the CARES Act, mandated that Americans receive up to $1,200 in a stimulus check for single taxpayers and up to $2,400 for joint filers....
...moreA new report from real-estate brokerage Redfin RDFN, -4.23% examined how much stimulus checks will help offset housing costs for homeowners and renters in the largest metropolitan areas nationwide. The most recent stimulus package, known as the CARES Act, mandated that Americans receive up to $1,200 in a stimulus check for single taxpayers and up to $2,400 for joint filers....
RSK: Milwaukee is #10 on the list.
Ken Notes: I was wondering about this. San Fran vs. Madison no comparison. Also has anyone noticed the lack of thought that went into the stimulus package???
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- - Volume: 8 - WEEK: 17 Date: 4/21/2020 9:05:47 AM -