The Home Affordable Refinance Program or HARP is a program by the federal government to help homeowners in refinancing their mortgages. If you are current on your mortgage payments and still did not get traditional refinancing, maybe because the value your house has declined, HARP can help you refinance. This program by the Federal government […]
Tag Archive | "HARP"
Avoiding foreclosure on your home, after a huge investment of your money and time, is the number one priority of the new homeowner. But you can’t have what you want just by dreaming, you need to continue to budget your spending according to what you can afford. You will need to carefully judge the affordability […]
Home Affordable Refinance Program and Refinancing Your Home The Home Affordable Refinance Program (HARP) was introduced to enable people with negative equity, but who are up to date with their mortgage repayments, to refinance without the need to take private mortgage insurance (PMI). HARP is fundamentally about private mortgage insurance in relation to the difference […]
Fannie Mae and Freddie Mac and have released new information about updates to the HARP 2.0 (Home Affordable Refinance Program). This is an update to the original HARP program that was introduced in 2009 and intended to help homeowners with Fannie Mae or Freddie Mac mortgages refinance their loans to the current low market rates even if […]