Birdwatch Note Rating
2023-05-04 15:42:01 UTC - HELPFUL
Rated by Participant: 49848D5957048F2A6506C07F04DEF31CD41EF6852BD47B6956F828A1067D79CB
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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