# Biden Rule Will Redistribute High-Risk Loan Costs to Homeowners with Good Credit

- Link: https://weltzin.me/biden-rule-will-redistribute-high-risk-loan-costs-to-homeowners-with-good-credit/
- Published: 2023-04-20T09:40:40-06:00
- Author: JT

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> A Biden administration rule is set to take effect that will force good-credit 
> home buyers to pay more for their mortgages to subsidize loans to higher-risk 
> borrowers. Experts believe that borrowers with a credit score of about 680 would
> pay around $40 more per month on a $400,000 mortgage under rules from the Federal
> Housing […]

Source: _[Biden Rule Will Redistribute High-Risk Loan Costs to Homeowners with Good Credit](https://truthpress.com/news/biden-rule-will-redistribute-high-risk-loan-costs-to-homeowners-with-good-credit/)_