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.