Birdwatch Note Rating
2023-05-04 23:45:18 UTC - HELPFUL
Rated by Participant: 7E77C5DBD2BBE3DF099C1955FCAE19EFCC5EEB1FD27B58E33E984C469A1DED95
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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