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Karoline Leavitt: “The cost of the typical new mortgage is down by nearly…”

Featuring: Karoline Leavitt, Republican | White House Press Secretary | National

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Press Secretary Karoline Leavitt Briefs Members of the Media, Nov. 12, 2025

Published | Video Starts at 32:54

All of these pro Trump policies are working, and they will continue to work. Wages are rising at the fastest pace of the start of a presidential administration, and in 60 years, The cost of the typical new mortgage is down by nearly $3,000 per year. There's much work to do, and this administration will continue to do it. But President Trump has already made great progress in cleaning up the economic disaster that was created by Joe Biden. (32:54–32:59)

CLAIM

Asserts that the cost of a typical new mortgage has decreased by nearly $3,000 annually.

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