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  2. Why did my mortgage payment go up? - AOL

    www.aol.com/finance/why-did-mortgage-payment...

    Your monthly mortgage payment can change unexpectedly, even with a fixed-rate mortgage. If your mortgage payment goes up, you can take certain actions to mitigate the increased costs, such as ...

  3. This Fed rate cut: 5 ways lower rates affect how you save and ...

    www.aol.com/finance/what-does-fed-rate-cut-mean...

    You can automatically renew your CD. ... Mortgage rates can be among the winners of Fed rate cuts as they tend to follow the Fed funds rate’s direction, though not in perfect sync. Unlike ...

  4. 11 Bills You Should Never Put on Autopay - AOL

    www.aol.com/finance/9-bills-never-put-autopay...

    When annual subscriptions auto-renew, you give the company or retailer permission to automatically charge your credit card or draft funds from your bank account on the next payment due date.

  5. Automatic renewal clause - Wikipedia

    en.wikipedia.org/wiki/Automatic_Renewal_Clause

    An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...

  6. Balloon payment mortgage - Wikipedia

    en.wikipedia.org/wiki/Balloon_payment_mortgage

    An example of a balloon payment mortgage is the seven-year Fannie Mae Balloon, which features monthly payments based on a thirty-year amortization. [5] In the United States, the amount of the balloon payment must be stated in the contract if Truth-in-Lending provisions apply to the loan. [1] [6] Most commonly, term lengths are five or seven ...

  7. When should you refinance your mortgage? - AOL

    www.aol.com/finance/when-to-refinance-mortgage...

    Refinancing a mortgage is when you take out a new home loan to replace your current one. If you bought your home when interest rates were higher than now, refinancing could be a way to save on ...

  8. What are the monthly payments on a $400,000 mortgage? - AOL

    www.aol.com/finance/400000-mortgage-payment...

    Based on this guideline, your household should aim for a monthly before-tax income of $10,204 — or an annual gross income of about $122,488 ($10,204 x 12) — to comfortably afford a $400,000 ...

  9. My wife and I are 57, live in California and recently ... - AOL

    www.aol.com/finance/wife-57-live-california...

    First, see if your mortgage company will at least allow you to put your loan into forbearance. This gives you the go-ahead to pause your monthly payments without being flagged as delinquent. And ...

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