Home Loans California & Arizona

Why and How did my monthly mortgage payment increase?

May 10th, 2020 3:13 PM by Nathan Rufty



How does a mortgage payment increase when on a fixed interest rate? There are 2 main reasons for the monthly mortgage to increase. The property taxes and/or the homeowner's insurance policy increased causing your escrow account to become short. 

Review your property tax statement each year to see what your property value is assessed at. 

Please call, text or email me with any questions, 

Nathan Rufty
Mortgage Loan Originator 

CA Call or Text: 909-503-5600

AZ Call or Text: 623-850-1210
eFax: 888-837-2861
CA & AZ NMLS #292056
Nathan@NathanRufty.com
www.NathanRufty.com
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Posted in:Podcast and tagged: mortgagepayment
Posted by Nathan Rufty on May 10th, 2020 3:13 PM

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