Recessionomics: Why Did My Mortgage Payments Go Up So Much?

Creative Loafing (Tampa) | August 14, 2008
If you are like many people, you have a fixed-rate mortgage, which means that your principal and interest totals don't change from year to year. Then why did your mortgage payments seem to jump $300-$500 more in 2008? Blame our friend Mr. Escrow, and his pesky pals Mr. Rising Homeowners Insurance and Mrs. Out-of-Control Property Taxes.

Creative Loafing (Tampa)

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