Birdwatch Note Rating
2023-05-04 04:41:37 UTC - NOT_HELPFUL
Rated by Participant: 153141863F18E11C77D68AEEEEE99DB7A67567B729A091623B0E2B532EACF7F4
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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