The new economic stimulus package provides for one-time rebates of up to $600 for individuals or $1,200 for couples, plus $300 for each child. Low-income people, including retirees on Social Security and disabled veterans who pay no income taxes, would receive checks of $300.
Lawmakers agreed to eliminate rebates for individuals earning more than 75-thousand-dollars and couples earning more than 150-thousand-dollars.
Starting this week, hundreds of thousands of homeowners will start getting letters from the Federal Housing Administration. The letters are going to at-risk homeowners whose adjustable rate mortgages are being reset. F-H-A wants you to know about affordable alternatives to high-cost mortgages. FHA-insured home loans allow lenders to offer mortgages at a lower interest rate.. FHA also provides a loss mitigation program that helps borrowers against foreclosure. Some borrowers can also refinance with FHA and save on average 400-dollars a month compared to their subprime loans.
A warning about a Valentine's Day worm that could be lurking in your email...
The email contains a link or attachment with a picture of a heart.. If you click on it, your computer will be infected with a virus. Subject lines include: "A Kiss So Gentle", "A Rose for my Love", "Come Dance with Me", "Eternity of your Love", "Falling In Love with you", and "I Love You Because".
