Why Did My Mortgage Go Up
Even a quarter-point increase in interest rates can mean a big difference for your monthly mortgage payment.

Why Did My Mortgage Go Up? Inflation, Federal Reserve interest rate hikes and a shortage of housing inventory have combined to make homeownership more expensive than it has ever been. Even a quarter-point increase in interest rates can mean a big difference for your monthly mortgage payment. It can add up to thousands of dollars over the life of your loan.