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Thousands of homeowners are about to get slammed with higher monthly payments
By Samantha Delouya, CNN (CNN) — Last year, when Jennifer Hernandez received notice that the mortgage payments on her Houston home would jump about $2,000 per month, she was stunned. Hernandez refinanced her home loan in 2016 using an adjustable-rate mortgage loan, which has a low introductory rate for a fixed initial period. Unlike the
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