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Donald Trump: “The annual cost of a typical new mortgage is down almost…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump 2026 State of the Union Address & Democratic Response

Published | Video Starts at 09:30

And when I visited the great state of Iowa just a few weeks ago, I even saw $1.85 a gallon for gasoline. Mortgage rates are the lowest in four years and falling fast. And The annual cost of a typical new mortgage is down almost $5,000 just since I took office. One year. And low interest rates will solve the Biden created housing problem. Well, at the same time, protecting the values of those people who already own a house that … (09:30–09:37)

CLAIM

Asserts that the annual cost of a new mortgage decreased by nearly $5,000 since taking office.

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About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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