Tuesday, March 9, 2010

FHFA Extends Refinance Program by One Year

Are you upside down on your home or condo in Minneapolis-St. Paul?
FHFA Extends Refinance Program By One Year

Federal Housing Finance Agency Acting Director Ed DeMarco today announced the extension of the Home Affordable Refinance Program, (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2011. The program is a key component of the Administration’s Making Home Affordable Program announced last February. The HARP program expands access to refinancing for qualified individuals and families whose homes have lost value. The program was set to expire on June 10 of this year. MORE

Source: Federal Housing Finance Agency



CHAD ELLIOT, REALTOR©

The Hennepin Group, LLC

Keller Williams Realty

17205 Yale Street NW, Suite D
Elk River, Minnesota, 55330

Mobile: (651) 795-1147

Fax: (763) 241-0187

Email: chadelliot@kw.com