The variable portion of our mortgage has had the rate (finally) adjusted. Rates rose about two months ago, and the bank has finally made our payments more. I like that they take their sweet time doing it!
Old weekly payment: $159.23
New Weekly Payment: $176.77
Our fixed portion remains the same at $259.23 per week.
Our variable interest rate has gone from 5.21% to 5.91%
rates up! mortgage payment up!
January 21st, 2010 at 07:27 pm