Birdwatch Note Rating
2023-10-07 18:37:47 UTC - HELPFUL
Rated by Participant: C312612AC921258587928606D5DCC88ABA709818A7977B059990BCA2AA7AC85A
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