Birdwatch Note Rating
2023-07-12 05:42:50 UTC - NOT_HELPFUL
Rated by Participant: 8B4C5AEFE5643E1188742E1FEA53B5D3FAE287286E9701DF7B93EF48F2ECD9F7
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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