Articles Tagged ‘stimulus plan’

The Stimulus Plan
Friday, March 27th, 2009

The government plan aims to stimulate employment, certain critical economic sectors, and U.S. consumer spending. It specifies $550 billion in spending on new projects and $275 billion in tax cuts. So what will you potentially get from the recent stimulus package? There are some income and other limits however most people could get a significant benefit. Here are three things you can expect:
  • A lower mortgage rate. It used to be very difficult to refinance your home if you had less than a 20 percent equity ownership in your house. You may now be eligible for refinancing even if you owe...

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