Birdwatch Note Rating
2025-01-19 01:11:26 UTC - HELPFUL
Rated by Participant: 3FF85BFC72AC5B330048DB5F62A3E378D1DBB03A4C043D8C4D3C0A771A54B534
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