Birdwatch Note Rating
2025-01-19 00:53:44 UTC - HELPFUL
Rated by Participant: DB81CD1BB1B9C8216315389740F506A6ABFDB73FB2F3C9D4D54F9D3CCF39CE00
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