HARP PROGRAM

Seal of the United States Federal Housing Fina...
Seal of the United States Federal Housing Finance Agency. (Photo credit: Wikipedia)

The Federal Housing Finance Agency (FHFA) has announced the extension of the Home Affordable Refinance Program (HARP) by two years to December 31, 2015. The program was set to expire December 31, 2013.

The HARP program has proven to be an important tool for customers, especially underwater homeowners to achieve financial savings through interest rate reductions in a streamlined refinance situation.

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