Birdwatch Note Rating
2023-05-05 01:45:40 UTC - NOT_HELPFUL
Rated by Participant: EC5C587F5E9A64E9B64F9F5ABC28D4357C68B42B3222EB95A3E0919AE52EC580
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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