Trump now says he plans to bring mortgage rates down to 3% in a recent speech at the Economic Club of New York.
During remarks to the Economic Club of New York, Donald Trump spoke about housing in the US as well as his plans to help the American people.
“We will make housing much more affordable as inflation is tamed, interest rates will dramatically,” Trump stated.
“We’ll get them down to 2.4% and even lower than that for a period of time.
Reducing mortgage rates is a big factor.
We’re going to get them back down to we think 3%, maybe even lower than that saving the average home buyer thousands of dollars per year.
Young people will be able to buy a home again and be a part of the American dream.
We will eliminate regulations that drive up housing costs with the goal of cutting the cost of a new home in half.
We think we can do that — the regulations alone cost 30%.
We will open up portions of federal land for large scale housing construction.
These zones will be ultra low tax and ultra low regulation.
It will be of all time, we’re going open up our country to building homes inexpensively so young people and other people can buy homes.
You can’t buy them anymore — millions of Americans will take part in setting these safe and beautiful communities,” the former president said.
Donald Trump and Vice President Kamala Harris are expected to debate on Tuesday in Philadelphia for the presidential election.
Will you vote for Trump, or will you vote for Harris?
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Also Read: Donald Trump Now Plans To End Social Security Taxes For Retirees
Other Political News Today
Donald Trump now says Harris is a ‘threat to democracy’ after publishing to X, formerly known as Twitter, a series of his worldview.
The former President says Kamala Harris was the first one out of 22 people to quit when she ran against Biden.
“And now she’s a presidential candidate?,” posted Trump to Musk’s social media platform on Saturday.
“Kamala Harris is the Weakest Presidential Candidate in History on Crime.
She’s allowed millions of people to pour through our Borders, many from prisons, mental institutions and, indeed, terrorists, coming in at levels never seen before.
What gives her the right to run for President? She got no votes to Biden’s 14 Million.
She failed in her previous attempt, was the first one out of 22 people to quit, never made it to Iowa, and now she’s a Presidential Candidate?
This is a Threat to Democracy!”
Harris has recently been criticized for switching sides and opinions on proposals, with Trump supporters stating his beliefs and messages have remained consistent over the years.
“Donald Trump is surrendering to his advisors who won’t allow him to debate with a live microphone,” Harris posted to X.
If his own team doesn’t have confidence in him, the American people definitely can’t.
We are running for President of the United States. Let’s debate in a transparent way—with the microphones on the whole time.
Despite sources such as the Economist suggesting Harris is leading the presidential polls, Trump continues to be the most popular candidate on X.
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Also Read: California Is Now Hitting Farmers Up To $10K Fines Per Day
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