Birdwatch Note Rating
2023-05-05 00:32:18 UTC - HELPFUL
Rated by Participant: 6D342FE3FDDAA234DCF250AE3EB2BF4A5EFE70F088880AD2DC03C7D61223856A
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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