January 26, 2012
The Home Affordable Refinance Program, known as HARP, has been revised and expanded to hopefully help more homeowners. How is the new HARP different from the previous HARP? Under the new HARP refinance program, the big change is that IT DOES NOT MATTER HOW MUCH A HOME HAS DECREASED IN VALUE. HARP has eliminated the [...]
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January 16, 2012
The maximum FHA loan amounts for Pennsylvania mortgages have changed again. Previously these maximum loan amounts had reset back to the lower pre-2008 maximum loan amounts after the time limit on the temporary increase had expired. Pressure from the housing industry and the home buying public helped push a reinstatement through Congress and the Oval [...]
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