Mortgage interest rate change letter. Please explain this
Mortgage interest rate change letter. Please explain this Under the terms of your adjustable rate mortgage u had a 1 month period in which your interest rate stayed the same. The rate ends on 7/1/24, so on that date your interest changes. After that your interest rate and payment change every 1 month for the life of the loan. Your interest rate will change again 8/1/24 I've had the same interest rate f...