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Here’s How Your Mortgage Payment Can Go Up Even If It’s Not an ARM - The Truth About Mortgage
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Here’s How Your Mortgage Payment Can Go Up Even If It’s Not an ARM - The Truth About Mortgage
While adjustable-rate mortgages are mostly a thing of the past, homeowners are still receiving notices about monthly payment increases. But how is this possible if your typical homeowner has a 30-year fixed-rate mortgage? A 30-year fixed-rate mortgage means the payment never changes for the entire 30 years. However, that’s just the principal and interest portion… Read More »Here’s How Your Mortgage Payment Can Go Up Even If It’s Not an ARM The p…
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