Birdwatch Note Rating
2023-05-04 12:11:44 UTC - HELPFUL
Rated by Participant: B52D23E004E3655B57FAC17688D6B7A7AD0244CA727C0A9122040355BEA6F908
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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