Birdwatch Note Rating
2023-05-05 11:20:36 UTC - HELPFUL
Rated by Participant: A7F9DFEB31926700209417126634B0C302F31D43E35E242201E9F8B037823E27
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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