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.
Nathan RuftyMortgage Loan Originator
CA Call or Text: 909-503-5600
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