It's 1-1.1% in most places in CA, and can grow by a max of 2% per year. The parent who deceptively advertised a much lower mortgage payment than would make sens

It's 1-1.1% in most places in CA, and can grow by a max of 2% per year. The parent who deceptively advertised a much lower mortgage payment than would make sense given the current value, is probably paying around $10k/yr.