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HARP - Home Affordable Refinance Program Extended Until 2015April 24, 2013
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 on December 31, 2013. More than 2 million homeowners have refinanced through HARP, which prompted the FHFA to extend “the program so more underwater borrowers can benefit from lower interest rates”, according to FHFA Director Edward J. DeMarco.
HARP and 1st Continental Mortgage
Since 2009, HARP has demonstrated its value to 1st Continental Mortgage customers, especially homeowners who are underwater, in lowering their interest rates through favorable refinances. We are dedicated to providing our clients with valuable direction, information and insight in the changing mortgage environment.Please visit us at www.starrrfunding.com to find out how we can help you meet your financial goals.
For more information about HARP, please view the FHFA recent press release.
About the Author – Fernando Santillan
Fernando Santillan is a Fresno-based housing and financial blogger for 1st Continental Mortgage | Starrr, Inc.