Cue the HARPs: Mortgage Program to End in December
Sponsored by LendingTree
It’s been one of the federal government’s worst kept secrets: HARP, the beloved mortgage refinancing program launched by President Obama during the Great Recession, has been insanely profitable for homeowners. Even with little or no equity, homeowners across America have lowered their interest rates, cut their monthly payments, and shortened the length of their loans.
The results speak for themselves: a typical HARP applicant can save $2400 per year. Now that is nothing to sneeze at. But just wait until you break it down into practical terms.
$2400 in annual savings is equal to…
- 3 Starbucks Coffees Per Day for a Year
- $46 in Extra Spending Money Every Weekend
- Lunch at Chipotle Everyday for a Year
- An Annual Vacation Getaway
- 12 Payments on a New, More Fuel-Efficient Car
Check Today Before Time Runs Out
The day we knew was coming has officially arrived: the HARP carriage will turn back into a pumpkin when the clock strikes twelve on New Year’s Eve. We always thought this program was too good to last forever, but know we know. Homeowners who haven’t locked in HARP’s potentially low payments should try this now before it’s too late. The process is simple:
Where Do I Start?
Step 1: Click Your State Below To Get Started
Step 2: After answering a few questions about your home, you will be able to compare quotes from top lenders for free!