The good news is that eligible homeowners have roughly a year left to do something. HARP would have expired Dec. 31, 2015. But it was extended again in May and now is set to expire on Dec. 31, 2016.
Recently, the Federal Housing Finance Agency (FHFA) extended the HARP program until December 31, 2018. Those who wish to use HARP to refinance still have time. However, there’s no telling whether interest rates will stay low enough to make refinancing worth it.
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When the federal home affordable refinance Program (HARP) launched in 2009, millions took advantage, but many other homeowners found they couldn’t qualify to refinance their underwater mortgages.
HARP 2.0 home affordable refinance Program was designed to help underwater. extended deadline: The end date to get a HARP refinance was extended to. The federal housing finance Agency (FHFA) announced on Thursday it will be extending its Home Affordable Refinance Program (HARP) until September 30, 2017.
Introducing HARP 2018 The FHFA made an announcement on Thursday that the now HARP 2018 program is being extended through Dec. 31, 2018, which will add an additional 15 months to the program’s already extended lifespan. The now extended program will allow Fannie Mae and Freddie Mac to implement some new streamlined refinance offerings.
HARP Extended Through 2018 To ensure that high LTV borrowers who are eligible for HARP continue to have a refinance option, FHFA is also directing the Enterprises to extend HARP through December 31, 2018.
WASHINGTON (MarketWatch) – Question: Can you tell me if the new version of the government’s Home Affordable Refinance Program applies to second mortgages. But since the program has been extended.
Throughout this year, FHFA has hosted a number of town hall-style events in order to spread awareness and answer questions about HARP. Meanwhile, the program has been extended through the end of 2015.
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The HARP refinance program was going to expire on September 30th. The Federal Housing Finance Agency announced recently that it would extend the Home Affordable Refinance Program or HARP 3.0 through the end of last year. This is good news for people who are struggling with their mortgage and who owe more on their home than it is worth.
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