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John Duarte: “They just raise mortgage interest rates for people with good…”

Featuring: John Duarte, Republican | Former U.S. House, California, District 13

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John Duarte speaks at Lincoln Stanislaus GOP Dinner

Published | Video Starts at 04:32

And what we're learning here in America, more and more every day. Boy, we see stuff back in DC. I mean, how do we tackle that? This is already coming in. They just raise mortgage interest rates for people with good credit so they can lower them for people with bad. Yeah, what's with that? What's with that? Families that have been grazing and producing livestock in the mountains for generations, that have their deeded acreage, plus their grazing land around them, maybe 1000 acres deeded and 10,000 acres around them. (04:32–04:37)

CLAIM

Asserts that mortgage interest rates were raised for people with good credit to lower them for those with bad credit.

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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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