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when might HARP 3 pass?

by kdog_3_639_799 from Milwaukee, Wisconsin. Mar 18th 2013 Reply


Anthony Piccone (apiccone)
#97 ranked lender in New Jersey - 17 contributions

In my humble opinion, in the absence of critically negative economic news from Europe and the continued irrational excuberance of the US economy (read BS market pumping about how much the economy is recovering, which it isn't in real terms) I think we have a real chance of the Congress leaving HARP 3 on the vine. We shall wait and see, however if you haven't taken advantage of it already what on EARTH are you waiting for? There are three things you can bet on in life..... 1) Everyone will eventually meet their maker 2) Taxes 3) Interest rates go up faster then they come down!

Mar 18th 2013
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

It's in the works, but it's at Washington's speed.. unless it's a bill regarding a Congressional pay raise, vacation, or added benefits, it's not going to move very quick.. As Joe said... Stay Tuned!!.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Mar 18th 2013
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,970 contributions

Legislation for a "HARP 3" has been introduced and is currently making its way through the process. Nothing official yet. Stay tuned. www.HARP3-Refinance.com

Mar 18th 2013
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Peter Savino (855411LEND)
#100 ranked lender in New Jersey - 332 contributions

Great question !

Mar 18th 2013
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Charlie Sparks (CharlieSparks)
#9 ranked lender in New Mexico - 399 contributions

Contact your Senators and Representatives in congress a tell them how it will benefit you. Encourage your friends, neighbors and coworkers to do the same.

Mar 18th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

GREAT question we would all like to know but it is only in the works in congress so call ALL your Senators and congress people.

Mar 18th 2013
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Barb Lanis (BarbLanis)
#71 ranked lender in Illinois - 663 contributions

I am not holding my breath for a HARP 3.0 because this time around it's more complicated. If you have other options, take them now rather than later.

Mar 18th 2013
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Dave Metsker (DaveMetsker)
#37 ranked lender in Oregon - 2,317 contributions

We are all waiting.

Mar 18th 2013
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Michael Bardy (LendingPro)
#24 ranked lender in Ohio - 72 contributions

This is the second attempt at presenting the bill and with every update comes different changes that are being proposed by the lawmakers. My guess is we will not see anything available to the public until the third quarter at the earliest (if at all).All the best!

Mar 18th 2013
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Jennifer McCormick (JMcCormick)
#32 ranked lender in Wisconsin - 5 contributions

Unfortunately it's not a simple answer, we are at the mercy of Congress! No one knows. My two cents are that if and when it does pass, rates will have risen and then you are losing the benefit anyway. I would recommend talking to a lender to find out what programs you might qualify for now to take advantage of the low rates. Rates are trending up, have been for a month or so now and will likely continue to do so. That's the reality. :) I'm in Sun Prairie - just outside of Madison if you would like to chat.

Mar 19th 2013
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