Birdwatch Archive

Birdwatch Note

2023-04-20 08:52:19 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The rate change only applies to federally backed mortgages taken after May 1, 2023. Low-credit buyers will continue to pay higher fees than high-credit buyers. "The LLPA changes will result in an average price hike of 0.03% to 0.04%, the equivalent of a few dollars per month" https://nypost.com/2023/04/16/how-the-us-is-subsidizing-high-risk-homebuyers-at-the-cost-of-those-with-good-credit/

Written by 971900FEFCF95D678D10777BA9D3EBB777DE2386D3403089287A23E8357D7A69
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All Information

• ID - 1648972852140425217
• noteId - 1648972852140425217
• participantId -
• noteAuthorParticipantId - 971900FEFCF95D678D10777BA9D3EBB777DE2386D3403089287A23E8357D7A69 Participant Details
• createdAtMillis - 1681980739041
• tweetId - 1648845872396902402
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
• harmful -
• validationDifficulty -
• misleadingOther - 0
• misleadingFactualError - 0
• misleadingManipulatedMedia - 0
• misleadingOutdatedInformation - 0
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• misleadingUnverifiedClaimAsFact - 0
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• notMisleadingOther - 0
• notMisleadingFactuallyCorrect - 0
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• notMisleadingClearlySatire - 0
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• trustworthySources - 1
• summary
• The rate change only applies to federally backed mortgages taken after May 1, 2023. Low-credit buyers will continue to pay higher fees than high-credit buyers. "The LLPA changes will result in an average price hike of 0.03% to 0.04%, the equivalent of a few dollars per month" https://nypost.com/2023/04/16/how-the-us-is-subsidizing-high-risk-homebuyers-at-the-cost-of-those-with-good-credit/