Birdwatch Note Rating
2023-07-12 11:07:22 UTC - NOT_HELPFUL
Rated by Participant: EE35A7F65B14ED692029734646C00BA0947DB6FAE12C6B4D8EFE190948D50212
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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