Birdwatch Note Rating
2023-07-12 09:58:09 UTC - NOT_HELPFUL
Rated by Participant: 914A85FDC9382B0FB292087B52A450760118383AD993CEFC4C02B409C97E2F53
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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