PolitiQuote

Discover video-sourced quotes by politicians

Howard Lutnick: “I think rates in the United States of America are coming…”

Featuring: Howard Lutnick, Secretary of Commerce | National

Watch on YouTube

Watch CNBC's full interview with U.S. Secretary of Commerce Howard Lutnick

Published | Video Starts at 15:43

And it had the most people visiting houses in decades. When interest rates of mortgages dropped below 6%, Donald Trump said, let's go buy mortgages. Drop the rate below 6% and you immediately got demand. I think rates in the United States of America are coming down. They should be lower. It'll make housing more affordable, bring rates down and watch America thrive and grow. We're at 5% now. And if you don't think we can be bigger, you're not listening to Donald Trump. (15:43–15:49)

CLAIM

Asserts that interest rates in the U.S. are decreasing and should continue to decrease.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Howard Lutnick

Discover more from

Howard Lutnick

Report A Transcription Error

Please report any error in the automated transcription.

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.