Birdwatch Note Rating
2023-04-20 04:23:20 UTC - HELPFUL
Rated by Participant: 4405D808D9280DC58E336824CA5A83188EB50A966320996B7B6AD861C1688F07
Participant Details
Original Note:
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/
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