Birdwatch Note Rating
2023-07-12 11:28:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5DF181BAB16A154DA65EB65AD18BA1FD765377BC3E17D55B7D64741200B15A28
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