“When I was your president, the 30-year mortgage rate reached a record low of 2.65%.”
What PolitiFact found
Trump leaves out that this low point for mortgage rates came amid the pandemic, when officials were more concerned about promoting economic activity. Rates were similar during the first year of Biden's presidency.
Their words, from the summary they publish with the rating.
In short
Donald Trump (former president) made this claim around 16 August 2023. PolitiFact (United States) looked into it and published its finding on 21 August 2023, 5 days later. Its rating was “This needs context”.
Donald Trump has 1,168 checked claims in this archive. Fact-checking organisations rated 663 of them false or fake, 375 misleading or mixed and 13 true.
Where the claim appeared
- djt.nucleusemail.comhttps://djt.nucleusemail.com/amplify/v/EYqnmFS2cN?hids=OLRulXQ&utm_medium=email&utm_sourc…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.