Birdwatch Note Rating
2023-07-12 19:43:29 UTC - HELPFUL
Rated by Participant: 4E5BD91769516CD6A6F1462DD1D7FB9A518CB77C44A9682E75C3B0417518A92B
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/
All Note Details