Ed DeMarco, acting director of the FHFA said "More than 2 million homeowners have refinanced through HARP,proving it a useful tool for reducing risk," He added, "We are extending the program so more underwater borrowers can benefit from the lower interest rates." Real Estate is slowly roaring back in many areas and now HARP gets extended. We need some great news in Real Estate considering what we have been dealing with the past seven years.
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