Tag Archives: HARP

Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.

The FHFA's Home Affordable Refinance Program is expiring in September 2017, and there are still many borrowers with GSE-backed loans who are eligible and who would benefit economically from the program.

The Home Affordable Refinance Program is heading into its final year, but borrowers don't appear to be rushing to take advantage of it.

Time is winding down on the FHFA’s Home Affordable Refinance Program, the number of borrowers completing refinances through the program is winding down also.

The number of mortgage loans backed by Fannie Mae and Freddie Mac that refinanced reversed course in July, declining after three months of gains as mortgage rates hover slightly above record lows.

The FHFA announced on Thursday that it will extend its Home Affordable Refinance Program (HARP) another nine months, and the agency will also be offering a new streamlined refinancing option for high LTV borrowers.

The low mortgage rate environment has created an incentive for homeowners to refinance. But fewer and fewer of them are doing it through the government’s Home Affordable Refinance Program (HARP).

Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.

For a program that was only supposed to be temporary, The Home Affordable Refinance Program (HARP) is still going rather strong.

Low mortgage rates do not appear to be enough of an incentive to attract homeowners to refinance their homes.