A Fannie Mae loan program to help low-equity homeowners refinance was paused in January 2023, five years after it replaced the federal government’s HARP refinance. In March 2009, the federal ...
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Today's low mortgage rates have more homeowners dreaming of a lower rate and the smaller monthly payments that go with it, but it's important to remember that when it comes to refinancing your ...
The Home Affordable Refinance Program (HARP) is a Federal refinance program initiated in 2009 and targeting underwater homeowners. It is designed for homeowners who are current in their mortgage ...
The specific programs you’ll have access to will vary depending on where you live. Let’s take a look at some of the most common state-specific programs and how you can use them. Alabama’s Housing ...
HARP 2.0 refinance loan programs were recently extended. The program was initially set to expire Dec. 31, 2013. On April 11, the Federal Housing Finance Agency announced they directed Fannie Mae and ...
To qualify, homeowners are allowed only one late payment in the past 12 months. But even this late payment is only allowable if it happened seven to twelve months ago. There should have been be no ...