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GMAC mortage company has constantly raised my mortage over the past 3 years what can I do about it?
Wiki User
∙ 15y ago
I would assume that you have a variable rate mortgage. If so, I would refiance to a fixed rate mortgage. the stimulus package has provisions that should make it easier for you to refinance a fixed mortgage. However, if you have a fixed rate mortgage and the increase is because your taxes are going up and your mortgage company escrows your tax bill, then there is little that you can do because the increase is based on your taxes.
Wiki User
∙ 15y ago
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