Birdwatch Note Rating
2023-07-12 06:49:26 UTC - HELPFUL
Rated by Participant: 98A9E37ACB857700A87024CFB16CB213D214EE16952F5FF6D811DCED4EAEB568
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