This has been an issue since, meh, probably mid-day Friday. I was going to post a thread on EA forums about it but there are other threads with the same concern being... LIT... UP right now.
I just tried about 5 min ago and was actually showing all favorite servers with the current number of players and actual correct players listed in those servers. Prior to I was getting the "Could not connect to the game server" malarky. Yuk.
I would say it is slowly getting back to normal.