President Donald Trump is focused on making homeownership more affordable so families can achieve the American Dream. This effort has led to noticeable changes in the housing market.
Here are some key highlights since Trump took office:
- Mortgage rates have dropped significantly, reaching their lowest level since 2022. This is great news for Americans looking to buy homes.
- The average 30-year fixed mortgage rate has hit a multi-year low, which is making monthly payments much more manageable.
- The National Association of Realtors reports that the Housing Affordability Index is at its highest since March 2022. This means more families can afford homes.
- Apartment rents have seen a similar trend, falling for six months straight to their lowest level in four years.
- In 2025, around 62% of homebuyers bought homes at discounts, the highest share in years.
- Mortgage refinance applications have surged by 132%, allowing many homeowners to save valuable money annually.
- Home purchase applications are up nearly 10% over last year, which shows a growing confidence among buyers.
- Home building is on the rise too, with housing starts reaching a five-month high.
To drive down costs further, President Trump has made decisive moves:
- He directed Fannie Mae and Freddie Mac to invest $200 billion in mortgage-backed securities, aiming to reduce borrowing costs.
- He also took steps to prevent large investors from buying homes meant for everyday families.
- Illegal immigrants are barred from accessing taxpayer-backed mortgages, ensuring resources focus on American citizens.
- The Trump Administration removed the burdensome Affirmatively Furthering Fair Housing rule, which will save tens of millions annually.
These initiatives reflect a strong commitment to creating a housing market that benefits all American families, helping them secure their share of the American Dream.
