As you probably know, the Administration has announced a new HARP refinancing program, designed to help homeowners whose mortgages exceed the value of their homes. The program hasn’t yet launched, and is expected to on November.

To help you determine whether you might qualify for this HARP refinancing program, here is a direct link that will give you all the details of the plan:

Also note that if you do not qualify, you are not alone. Pundits have stated, and the government actually acknowledges in the announcement, that no one knows exactly how many homeowners may qualify. In fact, this may just be a politically motivated move by the Administration to garner support. However, there will be some people who actually do qualify, and as a result, you should at least read the document to see if that someone is YOU!