Trump Administration Promises Homeownership Boom as Mortgage Rates Drop

1 min read
Source: The White House (.gov)
Trump Administration Promises Homeownership Boom as Mortgage Rates Drop
Photo: The White House (.gov)
TL;DR

The White House touts a housing-market upturn under President Trump, citing Freddie Mac data that mortgage rates are at a multi-year low and affordability is improving, with rising refinance activity and demand for home purchases. Rents have declined, and starts are up, while policy moves—such as $200 billion in mortgage-backed-securities purchases, limiting large investors in single-family homes, barring certain non-citizens from taxpayer-backed loans, and rolling back the Affirmatively Furthering Fair Housing rule—are framed as expanding access to homeownership and lowering costs for American families.

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