About this episode

This episode discusses why homeowners with fixed rate mortgages may experience unexpected payment increases.

Tip Tuesday, 4-7 Min Real Estate Tips A lot of homeowners see the words “fixed rate” and assume their mortgage payment should never change. ​ ​ So when the payment jumps, it can feel like something went wrong. ​ ​ In this Real Estate Tip Tuesday, we break down the part of your payment that may not be as “fixed” as you thought, and why more homeowners are getting surprised by this right now. ​ ​ If your mortgage payment changed and you thought, “Wait, how is this possible?” this one is worth watching. ​ ​ Connect with Team EvoAZ: Text ConnectWithKatie to 480-508-9828 ​ Connect with Ryan:Text ConnectWithRyan to 480-508-9828 ​ ​ Want to browse Phoenix area homes? Text GetPhoenixDeals to 480-508-9828 to see our current "good deals" page. ​ ​ Disclaimer: The information provided in this video is for educational purposes only and not financial or legal advice. Always consult a licensed lender, real estate agent, or wealth manager for guidance specific to your situation.

People in this episode

Host: Team EvoAZ

Topics covered

• fixed rate mortgage
• real estate tips
• homeowner payments
• mortgage changes
• financial education

Keywords

• fixed rate mortgage
• payment increase
• real estate tips
• homeowners
• mortgage payment

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