We don't want to take any action that raises that spread because that makes homeownership tougher and we want to make homeownership easier. The President wants rates lower. He wants homeownership to be more affordable. And making sure we have homeownership with the lowest mortgage rates possible means we have to make sure the agencies are powerful, capable and strong. (22:55–23:00)
CLAIM
Asserts that the President aims to lower mortgage rates to make homeownership more affordable.
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.
