Birdwatch Note Rating
2023-05-04 11:18:34 UTC - NOT_HELPFUL
Rated by Participant: 4AF364E10C1ADB50FEE5F8F62F4968C3C53C8BF9E6EA162CDD707E2D0608A58F
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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