Birdwatch Note Rating
2023-07-12 06:22:58 UTC - NOT_HELPFUL
Rated by Participant: 65C0A21333C0BB1CD2417EA0C53EE4353DB1C7CE409F2AA2C2550EA95724869B
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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