Birdwatch Note Rating
2025-01-19 15:56:29 UTC - HELPFUL
Rated by Participant: 3A0CC2DDC6120C5600DB6C1433CCF229F5B0C350C283288BD4F56CA48B1C2083
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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