Home » fixed rates mortgage

Why would a Fixed Rate Mortgage suddenly go up by $130 a month?

Written By: admin on January 5, 2010 One Comment

I was paying about 3 a month for my mortgage, and suddenly after about a year and 2 months, I am questioned to pay 6. I am stumped as to why this went up, without any warning. Its too late to call my mortgage company, and I am stumped trying to figure this out. Any thoughts?

Related Financial Planning Posts

Tags: ,

Tags:

Digg this!Add to del.icio.us!Stumble this!Add to Techorati!Share on Facebook!Seed Newsvine!Reddit!Add to Yahoo!

Top incoming search terms for this post

One Response to “Why would a Fixed Rate Mortgage suddenly go up by $130 a month?”

  1. Brian A on: 5 January 2010 at 12:02 pm

    The most likely explanation is that your insurance and taxes are escrowed and one or both of them has increased substantially this year.

Leave a Reply:

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  Copyright ©2009 Financial Planning, All rights reserved.| Powered by WordPress| Gandhi theme by Techblissonline.com