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John Cornyn: “Interest rates on mortgages are starting to come down.”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin"

Published March 3, 2026 | Video Starts at 09:50

But the president's policies have reduced the rate of increase in inflation, and that's important. But housing is a very important issue. Many young people don't feel like they can afford a house anymore. Interest rates on mortgages are starting to come down. So that's good. And we'll be taking up a housing bill in the United States Senate this next week, hopefully to provide some relief to particularly first time home buyers … (09:50–09:54)

CLAIM

Asserts that mortgage interest rates are decreasing.

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.

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John Cornyn

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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 01:24-01:32
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 02:30-02:35
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 02:35-02:42
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 03:48-03:55
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 04:42-04:49
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 06:06-06:13
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 07:41-07:52
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 09:54-09:59
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Senate candidate John Cornyn: "It's a shock that something like this could happen in Austin" | Uploaded March 3, 2026 | 10:40-10:49