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current harp interest rates: long-term savings basics
Contrary to headlines, there are no official HARP rates now; the program ended, so current harp interest rates effectively track conventional refi pricing - often, though not always, in the same range. Prioritize total cost: points, lender credits, and term shifts can outweigh a tiny rate.
Yesterday, I compared quotes on my phone between errands and finished the application from my kitchen; that access helps - especially with an appraisal waiver - though I still ask for a break-even estimate before locking.
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- how to qualify for HARP replacement programs
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Cost-conscious next steps
- Get three same-day quotes; target a 24-36 month break-even.
- Compare APR vs lender credits and possible PMI changes.
- Favor e-closing, easy uploads, and auto-pay discounts for convenience.
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