HARP Refi’s Set to Double in 2012
There’s great news for the Home Affordable Refinance Program (HARP)! The program, which appeared to stumble out of the gate, is gaining momentum in the distressed property market.
In just the first 5 months of this year 78,000 homes were refinanced using this program. That’s more than all twelve months of 2011 combined! And throughout the life of this program, 1.3 million homeowners have been helped. That’s 1.3 million properties that didn’t go into foreclosure and didn’t bring down property values in neighborhoods.
To Your Success!