President Donald J. Trump is actively working to revitalize the dream of homeownership, making housing more accessible for families across the nation. And, according to his administration, there’s even more assistance on the horizon.
Since his inauguration, the Trump Administration has adopted a comprehensive strategy aimed at reducing housing costs:
- Mortgage rates have plummeted to their lowest level since 2022, reflecting the administration’s commitment to easing financial burdens for hardworking Americans.
- The average 30-year fixed mortgage rate has reached new multi-year lows, significantly reducing monthly payments and bringing mortgage affordability to a four-year high.
- The National Association of Realtors’ Housing Affordability Index has risen to its highest point since March 2022, with family incomes increasing and rates stabilizing, marking seven consecutive months of progress.
- Apartment rents have decreased for six months straight, now at their lowest level in four years.
- In 2025, 62% of homebuyers secured properties for less than the original asking price, the highest rate since Trump’s initial term.
- Mortgage refinance applications have increased by 132%, giving homeowners the opportunity to lock in lower rates and save substantial amounts annually.
- Home purchase applications have risen by nearly 10% compared to last year, indicating a growing confidence among prospective buyers.
- Builders are ramping up construction efforts, with housing starts reaching a five-month high.
In addition, President Trump is taking significant steps to further reduce costs and enhance accessibility to homeownership:
- He has instructed Fannie Mae and Freddie Mac to acquire $200 billion in mortgage-backed securities to further lower borrowing costs.
- Trump has also taken executive measures to restrict large institutional investors from purchasing single-family homes that should be accessible to average American families.
- The administration has prohibited illegal immigrants from obtaining taxpayer-backed mortgages, ensuring that these resources are prioritized for U.S. citizens.
- Moreover, the Trump Administration has removed the cumbersome Affirmatively Furthering Fair Housing rule, saving Americans tens of millions of dollars each year and streamlining local housing decisions.
The Trump Administration remains steadfast in its commitment to fostering a robust and accessible housing market that serves every American family, striving to ensure that all individuals can achieve their piece of the American Dream.
