Birdwatch Note Rating
2022-06-13 09:45:58 UTC - NOT_HELPFUL
Rated by Participant: 0970AF2EDBB2160765D64BA2ADD89F73D654E9F9EC01C4671E82A8F98561183F
Participant Details
Original Note:
ARMs are often connected to predatory lending practices. All anyone has to do is remember the housing mess of 2008 to know that adjustable rates will throttle homeowners/mortgage borrowers in a down economy. Powell’s looking at further rate hikes. https://www.policygenius.com/mortgages/news/adjustable-rate-mortgages-are-back/ Some say they’re safer now 😐
All Note Details