Birdwatch Note Rating
2023-04-20 02:31:15 UTC - HELPFUL
Rated by Participant: CFA16024429A6F14F8F04131B347CAEBDA7C437A7729042E940439D159FC7DE0
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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