Birdwatch Note Rating
2025-01-19 20:38:58 UTC - NOT_HELPFUL
Rated by Participant: 37347D7AEBB62C3F2B6AE32AFEF3C0A757DAB794804CF9AE61C6EC924DD8FAB4
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
All Note Details