The Federal Housing Finance Agency announced today that it would extend the Home Affordable Refinance Program (HARP) to June 30, 2011.

HARP is administered by Fannie Mae and Freddie Mac, and has refinanced 190,180 mortgages since it began last April. The HARP program expands access to refinancing for qualified individuals and families whose homes have lost value.

Read more in the press release from the Federal Housing Finance Agency.

Posted in Real Estate Market Conditions, Real Estate Industry, National News

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