Birdwatch Note Rating
2025-01-19 03:02:43 UTC - HELPFUL
Rated by Participant: 8314AA026F2061CCD7542C9BD1BE76339BD63DCBE2AEE250D32188F07F1697E5
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