Birdwatch Note Rating
2023-05-04 13:44:36 UTC - NOT_HELPFUL
Rated by Participant: B3189AC6E28C78E80514446F61F4EC0F652C93272B1F4188C04970C7795479F7
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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