Source: http://EzineArticles.com/7393814
Sunday, December 23, 2012
HARP Mortgage for Hopeless Home Owners
The US housing bubble burst left people with many difficulties and worries in the year of 2006. Due to this crisis, a lot of people saw that the price of their new house had dropped below the mortgage price. This situation caused great distress among home owners and became a major cause of concern from the government. This program was launched in March 2009 by federal housing finance agency and it is commonly known as HARP.
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