Birdwatch Archive

Birdwatch Note Rating

2023-07-12 12:40:18 UTC - NOT_HELPFUL

Rated by Participant: 3E8409710391E5AF9D4765FB49995766E8A5A9027CA8AB84E1892E610C4A5976
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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All Information

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