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Can Chase raise my minimum payment on my Mortgage - not credit card, to 5% of balance for a minimum payment?

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douglas_pw Joined: 28 Sep 2009 Posts: 1 1.28 Dollars($)	Posted: Mon Sep 28, 2009 5:21 pm    Post subject: Can Chase raise my minimum payment on my Mortgage - not cred Like 0 Dislike 0 I thought I was protected by getting a fixed rate loan, how is it possible that they can do this to my Mortgage account? They did it to my credit card and I said nothing because I know that if you carry debt on credit cards you are at their mercy... but Mortgage? what was closing all about?
eric1 Community Expert Joined: 04 Jan 2009 Posts: 1511 226.89 Dollars($)	Posted: Mon Sep 28, 2009 5:40 pm    Post subject: Like 0 Dislike 0 You probably have an adjustable rate which is why your rate changed. _________________ Eric JFree Rate Quote, Stated Income Loans FHA RATE QUOTE Mortgage Rate Quote

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