Birdwatch Note Rating
2023-07-12 12:09:00 UTC - NOT_HELPFUL
Rated by Participant: B4689431091BD6B502EC5CBAE3AB9EFE2DBA0F6B0A82AE1E595D705036AFB0C4
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