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One, three.

The Wondery. I'm David Brown, and this is Business Wars Daily on April 6th.

It's a Monday, friends.

Boy, is it ever.

If you're one of the 10 million Americans who file for unemployment over the last couple of weeks, you may be struggling to understand one very

important question. Do you have to pay your mortgage this month? Well, the answer is not necessarily.

Congress's $2 trillion stimulus package, the CARES Act, allows you to ask your bank for a break if COVID-19 has affected you.

That break is formerly called forbearance.

It's a temporary pause in paying your monthly mortgage bill, typically starting with about three months.

Homeowners who qualify won't incur late fees, and it won't hurt your credit.

Keep in mind, however, the banks aren't forgiving those payments, just delaying them. At the other end, you'll still have to pay those bills.

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