Birdwatch Note Rating
2025-01-20 16:50:29 UTC - HELPFUL
Rated by Participant: 26DAD58CB21F10F7CC20C5C4F39A1F3E95945811F0B5E09A6CE3993588138731
Participant Details
Original Note:
Private equity firms don't set interest rates. Interest rates are primarily determined by central banks, such as the Federal Reserve in the U.S. Around 90% of U.S. mortgages are fixed-rate, meaning the rate doesn't change over the course of the loan. https://www.federalreserve.gov/aboutthefed/fedexplained/monetary-policy.htm https://www.investopedia.com/terms/f/fixed-rate_mortgage.asp
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