President Trump’s Efforts to Make Homeownership More Accessible
President Donald J. Trump is actively working to increase homeownership and make housing more affordable for American families. Recent data from Freddie Mac indicates that mortgage rates have dropped to their lowest point since September 2022, reflecting the Trump Administration’s dedication to reducing costs for hardworking Americans.
“This lower rate environment is not only improving affordability for prospective homebuyers, it’s also strengthening the financial position of homeowners,” stated Freddie Mac in its latest Primary Mortgage Market Survey.
Positive Trends in the Housing Market
These promising developments are part of a larger trend of positive change in the housing market under President Trump:
- The average 30-year fixed mortgage rate has dropped to a multi-year low, resulting in monthly housing payments that are now at their most affordable levels in over two years, bringing mortgage affordability to a four-year high.
- The National Association of Realtors’ Housing Affordability Index has reached its highest level since March 2022, as family incomes rise and rates stabilize, marking seven consecutive months of improvement.
- Apartment rents have declined for six months in a row, reaching their lowest level in four years.
- In 2025, 62% of homebuyers purchased properties at a discount from the original listing price—the highest proportion since the early days of Trump’s first term.
- Mortgage refinance applications have surged by 132%, enabling homeowners to secure lower rates and save thousands each year.
- Home purchase applications have risen nearly 10% compared to last year, indicating increasing confidence among buyers.
- Homebuilders are ramping up construction, with housing starts hitting a five-month high.
Proactive Measures to Lower Costs and Boost Homeownership
President Trump is also taking significant steps to further reduce costs and expand access to homeownership:
- He has directed Fannie Mae and Freddie Mac to invest $200 billion in mortgage-backed securities, aiming to lower borrowing costs.
- Trump took executive action to prevent large institutional investors from buying single-family homes, ensuring these properties remain available for everyday American families.
- The administration prohibited illegal immigrants from accessing taxpayer-backed mortgages, directing resources to U.S. citizens.
- The Trump Administration eliminated the cumbersome Affirmatively Furthering Fair Housing rule, saving taxpayers tens of millions of dollars each year and streamlining local housing decisions.
Commitment to a Strong Housing Market
The Trump Administration remains steadfast in its commitment to fostering a robust and accessible housing market for every American family. This includes ongoing efforts to combat inflation, support job creation, increase housing supply, and promote long-term prosperity—ensuring that all Americans can achieve their piece of the American Dream.
