Birdwatch Note Rating
2023-07-12 12:05:10 UTC - NOT_HELPFUL
Rated by Participant: 2776E050C0F960FB8312703BBEE73AC69FA23BD70AA1D72EADBD831618E5D466
Participant Details
Original Note:
Mortgage payments can change year to year for a number of factors such as property tax and insurance increases. Mortgages such as ARM, as opposed to fixed, increase year to year as interest rates increase if the set time of the ARM has passed (i.e. 10/1 is fixed for 10 years) https://www.investopedia.com/mortgage/mortgage-rates/adjustable-rate-go-up/
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