Birdwatch Note Rating
2024-05-28 18:36:39 UTC - NOT_HELPFUL
Rated by Participant: 0CE1E83C8E717DE46FC44C334C4CB6A559D62A1749ADB9E1620701FCD400FC4B
Participant Details
Original Note:
These home loans would be funded by government bonds — if the interest rate on those bonds were above 3% or people defaulted on the mortgages, it would cost taxpayers money. Current 30 year interest rates are almost 5%. https://abcnews.go.com/amp/Politics/2024-presidential-candidates-economy/story?id=103313103 https://www.barrons.com/market-data/bonds/tmubmusd30y?countrycode=bx&mod=article_chiclet#
All Note Details