Will HARP 2.0 Really Stabilize the Housing Market?

New guidelines for the Home Affordable Refinance Program (HARP) were released by Fannie Mae and Freddie Mac on Tuesday.  Time will tell whether the changes will truly improve the housing market.  Real Estate Institute’s mortgage education director shared his thoughts with Bills.com.  According to Peter, “Although there is still a good deal of uncertainty surrounding the specifics of how the expanded HARP program will be implemented at the individual lender level, the November 15 announcements from Fannie and Freddie do provide a source of encouragement for the equity challenged segment of the market.” Read the full article and let us know what you think.

One thought on “Will HARP 2.0 Really Stabilize the Housing Market?

  1. I hope for the best when it comes to HARP 2.0 helping home owners. But unless the banks get on board and honestly & sincerely try to do their part, it will not work very well.

What are you thinking?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s