Birdwatch Note Rating
2024-05-29 17:21:40 UTC - NOT_HELPFUL
Rated by Participant: E69B334A0F764629952C5E8022DAA52C9F39490EB0856A1F7F82E0E367FB6E9E
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