Birdwatch Note Rating
2023-07-12 14:36:45 UTC - NOT_HELPFUL
Rated by Participant: 2BFD8B721633CA1FA27DCEEF6D56697C5D6C06AC75AAB988DBA88658D32E5B2E
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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