Birdwatch Note Rating
2023-05-04 14:25:53 UTC - NOT_HELPFUL
Rated by Participant: 90E0EC9FB870BEEF09AEA582666F6C35C0CC544571B2DBD86F12EED9CEE029F3
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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