Birdwatch Note Rating
2023-05-04 15:04:35 UTC - HELPFUL
Rated by Participant: 4861BD177CB9F94CD687D59EAAAE411FC994C55D6E2DAF5EC661036A618183D5
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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