| Oct 24, 2011 12:07PM In advance of a speech in Nevada later today in which President Obama is expected to expand on the initiative, the Federal Housing Finance Agency (FHFA) has announced major changes to the Home Affordable Refinance Program (HARP) . FHFA unveiled what is essentially a widening of HARP to reach more borrowers in another effort to reverse the continuing flood of delinquent mortgages heading down the pipeline to foreclosure. HARP is unique among programs designed to assist distressed borrowers in that... Oct 24, 2011 4:35PM Mortgage Rates rose slightly today. Bond markets were slightly weaker today while stocks surged on optimism over Wednesday's conclusion to the EU summit which some hope will contain a "solution" to the seemingly imminent Greek default. So no... Rates are not in the 3's, nor is there any guarantee from the government that they will be. The expansion of the government's refi program doesn't make any promises about rates either. Preliminary details were out today and the main thing to be aware of is...
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