Birdwatch Note Rating
2023-05-04 02:50:35 UTC - NOT_HELPFUL
Rated by Participant: BD35F97913B0803B9C40B96D92A338BC963E77590AAAB4C306209776CB454336
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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