Birdwatch Note Rating
2023-07-12 04:48:28 UTC - NOT_HELPFUL
Rated by Participant: 2DCC325C06D7F1FB91F2CE4EBE3BFE48FF2DD5F4F943F318919D589E44635D88
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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