Birdwatch Note Rating
2023-07-12 11:46:49 UTC - NOT_HELPFUL
Rated by Participant: 7D4DB0326601FD8ABC7D4403BCBF4BE9E05A20D8A8DED59FFBC8C7E643174782
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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