Birdwatch Note Rating
2023-07-12 14:15:05 UTC - NOT_HELPFUL
Rated by Participant: 3321033AF363A69EA324B103B1B0288BB540C15126533B048B8D4FD7E471E69E
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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