Birdwatch Note Rating
2023-05-04 11:15:31 UTC - NOT_HELPFUL
Rated by Participant: 140EBB2724BC17E5B2764EAA4F472DDFBFF06D440FC5387308306278419E4711
Participant Details
Original Note:
The FHFA announced new pricing. Upfront fees will now be based on "risk characteristics" of the borrowers. Some people with higher credit scores will pay moreĀ in fees. Rumors that Biden was responsible for these changes are not supported by evidence. These were FHFA changes. https://www.snopes.com/news/2023/04/28/biden-mortgage-fees/
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