Birdwatch Note Rating
2025-01-19 11:52:29 UTC - NOT_HELPFUL
Rated by Participant: D3E495C70E91E43B6D28C91BC93B862F2F74AEB37F63BD28D672A52F01047319
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