Birdwatch Archive

Birdwatch Note

2023-04-20 02:12:09 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The US government is reducing the annual mortgage insurance premium for new borrowers with FHA-insured mortgages. This is intended to make homeownership more affordable. There is no evidence that Biden’s increasing interest rates on anyone to pay for this reduction. https://www.whitehouse.gov/briefing-room/statements-releases/2023/02/22/fact-sheet-biden-harris-administration-announces-action-to-save-homebuyers-and-homeowners-800-per-year/

Written by D0D5D509D0BC6030117667CB302DFD5681FA6DE6EFA1642CD70597255084BBAC
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• noteId - 1648872149107589120
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• noteAuthorParticipantId - D0D5D509D0BC6030117667CB302DFD5681FA6DE6EFA1642CD70597255084BBAC Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• The US government is reducing the annual mortgage insurance premium for new borrowers with FHA-insured mortgages. This is intended to make homeownership more affordable. There is no evidence that Biden’s increasing interest rates on anyone to pay for this reduction. https://www.whitehouse.gov/briefing-room/statements-releases/2023/02/22/fact-sheet-biden-harris-administration-announces-action-to-save-homebuyers-and-homeowners-800-per-year/