President Obama announces HARP extension. The HARP refinance program was designed by the government to save homeowners thousands on their mortgage. The President announced the decision to extend HARP into 2015 allowing more homeowners to realize their savings potential. Thanks to these new government programs mortgage rates are now at an all-time low and homeowners are acting fast to take advantage of their opportunity t o refinance. Essential to FIND A LOCAL LENDER WHO CAN MAKE THIS WORK. CALL US FOR A LIST OF LENDERS at 903-571-2191.