Birdwatch Note Rating
2023-05-04 04:55:09 UTC - HELPFUL
Rated by Participant: C6CA9051B0FC9BA6140B85D1CACDBDC83ACB844B2A542998B282DB0843B277B6
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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