President Donald J. Trump’s administration has reported a decline in mortgage rates, reaching their lowest point since September 2022, according to recent data from Freddie Mac. This development is highlighted as part of the administration’s efforts to make homeownership and housing more affordable for families across the United States.
Freddie Mac noted in its Primary Mortgage Market Survey, “This lower rate environment is not only improving affordability for prospective homebuyers, it’s also strengthening the financial position of homeowners.”
The Trump administration has pointed to these changes as evidence of broader positive trends in the housing market during President Trump’s tenure. Officials say that actions are being taken to further reduce costs and increase access to homeownership.
The administration states it will continue focusing on measures such as addressing inflation, supporting job creation, expanding the supply of housing, and promoting long-term economic stability. The goal is to ensure that more Americans have the opportunity to own homes and benefit from what is often described as a key aspect of the American Dream.
