Birdwatch Note Rating
2023-05-04 11:34:55 UTC - HELPFUL
Rated by Participant: EC7E1ECD47EBD5B752A9E425AF9296386D8E83A2C923F92D1F4A258954E20208
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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