11/21/2025
šCan your Mortgage Payment INCREASE even when you have a fixed rate?? If yours did, it was most likely due to an ESCROW SHORTAGEā¦. Your actual payment doesnāt go up, but if your taxes and insurance are lumped in you monthly payment, it may increase due to different reasons - it could be that your property taxes went up or you have supplemental property taxes due. OR your homeowner insurance premium has increased which weāve seen in the last couple of years in California. ā Either way, itās important to know this in advance so youāre not SURPRISED š®