Hear about HARP, our career fair, a charity gala, and why Detroiters say “pop” instead of “soda.” All that and more on tonight’s Opportunity Detroit!
Tag Archives | Home Affordable Refinance Program
I’ve read some articles lately that give the impression that HARP might not be worth it. That it could cost a lot and save the client very little. That it’s a ton of trouble and you might not qualify anyway. These couldn’t be further from the truth.
Quicken Loans has exciting news! HARP, the government’s Home Affordable Refinance Program, has expanded to allow refinancing of homes with a loan-to-value ratio (LTV) of up to 200%
With mortgage rates being at or near all-time lows in recent months, you would think that everybody with a rate north of 4.00% would jump at the opportunity to refinance to a lower rate, right? Wrong. There is still an estimated 14 million eligible homeowners who could take advantage or refinancing to improve their financial situation.
We have Quicken Loans All-Star James Wade here to talk to you about the basics of HARP 2.0 in this week’s edition of Watch-It Wednesday. Among the questions answered will be fan favorites such as, “What is HARP 2.0?” and, “Who is eligible?” and my personal favorite, “Will I still qualify if I owe more on my mortgage than my home is worth?”
Quicken Loans Chief Economist Bob Walters sat down with Gregg Greenberg from the popular finance website The Street to discuss hot topics such as the current state of the housing market and whether or not the government is doing enough to help homeowners who are underwater.
The Fed announced the details of its newly updated changes to the Home Affordable Refinance Program which we mortgage folk have dubbed HARP 2.0. The kicker is who will qualify for modifications and who will not qualify?
Federal Housing Finance Agency (FHFA) officials met with mortgage industry executives to discuss possible changes to the Home Affordable Refinance Program (HARP).