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HARP 2 Inquiries
The announcement of HARP being revamped took place about three months ago (for more on HARP, scroll down to read previous posts from this blog). Since the announcement, I’ve spoken with at least one or...
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Political Rhetoric
Over the past several weeks we’ve heard political candidates talk about various plans to help the housing industry. What are these plans and how will they impact the housing industry? The two ideas...
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Accidental Landlord and HARP
“Accidental Landlord” is the term being thrown around to describe the scenario when a homeowner bought a new primary residence but was unable to sell their current primary residence. When this occurs,...
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HARP 2.0 review
HARP 2.0 kicked into full gear during the spring. The revamped program has been around for roughly 5 months now. It is time to look back and see if it is working as it was originally advertised. Some...
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New Years Resolution – Do HARP in 2013
The government’s Home Affordable Refinance Program, known as HARP, is slated to run through 2013. If you haven’t taken advantage of HARP yet, time is beginning to run out. HARP began in early 2009 as...
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Tapering impacting interest rates
Yesterday, The Mortgage Blog focused on the Federal Reserve’s QE3 Tapering strategy. Today, let’s discuss how Tapering could impact the interest rate market. Most analysts felt interest rates would...
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The refinance boom is dead, but why?
As many in the industry know, refinances dwindled in 2014. Freddie Mac recently stated the “official” end to the refinance boom after the second quarter 2014. Freddie Mac goes on to say the purchase...
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Last year to use HARP
As posted on The Mortgage Blog in late 2014, interest rates are still around their lowest levels from 2014. That’s great news for home owners who are upside-down on their loans. The Home Affordable...
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