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30-Year Mortgage Rate under every president, month by month

At month 23 in office, Trump II is at 7.2%: #5 of 9 administrations (average 8.0%). Official Freddie Mac data.

3.2%10.6%18.1%Month 1Month 13Month 25Month 37Month 48Nixon, month 28: 7.3%Nixon, month 28: 7.3%Nixon, month 29: 7.4%Nixon, month 30: 7.5%Nixon, month 30: 7.5%Nixon, month 31: 7.6%Nixon, month 32: 7.7%Nixon, month 32: 7.7%Nixon, month 33: 7.7%Nixon, month 34: 7.6%Nixon, month 34: 7.6%Nixon, month 35: 7.5%Nixon, month 36: 7.5%Nixon, month 36: 7.5%Nixon, month 37: 7.4%Nixon, month 38: 7.3%Nixon, month 39: 7.3%Nixon, month 39: 7.3%Nixon, month 40: 7.3%Nixon, month 41: 7.3%Nixon, month 41: 7.4%Nixon, month 42: 7.4%Nixon, month 43: 7.4%Nixon, month 43: 7.4%Nixon, month 44: 7.4%Nixon, month 45: 7.4%Nixon, month 45: 7.4%Nixon, month 46: 7.4%Nixon, month 47: 7.4%Nixon, month 48: 7.5%Nixon, month 48: 7.5%Nixon, month 48: 7.5%NixonCarter, month 1: 8.7%Carter, month 1: 8.7%Carter, month 2: 8.7%Carter, month 3: 8.7%Carter, month 4: 8.7%Carter, month 4: 8.8%Carter, month 5: 8.8%Carter, month 6: 8.8%Carter, month 6: 8.9%Carter, month 7: 8.9%Carter, month 8: 8.9%Carter, month 8: 8.9%Carter, month 9: 8.9%Carter, month 10: 8.9%Carter, month 10: 8.9%Carter, month 11: 8.9%Carter, month 12: 8.9%Carter, month 12: 9.0%Carter, month 13: 9.0%Carter, month 14: 9.2%Carter, month 15: 9.2%Carter, month 15: 9.2%Carter, month 16: 9.3%Carter, month 17: 9.5%Carter, month 17: 9.7%Carter, month 18: 9.7%Carter, month 19: 9.7%Carter, month 19: 9.8%Carter, month 20: 9.8%Carter, month 21: 9.8%Carter, month 21: 9.8%Carter, month 22: 9.8%Carter, month 23: 10.1%Carter, month 24: 10.3%Carter, month 24: 10.3%Carter, month 25: 10.4%Carter, month 26: 10.4%Carter, month 26: 10.4%Carter, month 27: 10.4%Carter, month 28: 10.5%Carter, month 28: 10.5%Carter, month 29: 10.7%Carter, month 30: 11.0%Carter, month 30: 11.1%Carter, month 31: 11.1%Carter, month 32: 11.1%Carter, month 32: 11.1%Carter, month 33: 11.3%Carter, month 34: 11.4%Carter, month 35: 12.8%Carter, month 35: 12.8%Carter, month 36: 12.9%Carter, month 37: 12.8%Carter, month 37: 12.9%Carter, month 38: 12.9%Carter, month 39: 14.0%Carter, month 39: 16.0%Carter, month 40: 16.4%Carter, month 41: 14.7%Carter, month 41: 13.2%Carter, month 42: 12.6%Carter, month 43: 12.2%Carter, month 44: 12.3%Carter, month 44: 12.8%Carter, month 45: 13.1%Carter, month 46: 13.6%Carter, month 46: 13.8%Carter, month 47: 14.2%Carter, month 48: 14.4%Carter, month 48: 14.9%CarterReagan, month 1: 14.9%Reagan, month 1: 14.8%Reagan, month 2: 15.0%Reagan, month 3: 15.4%Reagan, month 3: 15.4%Reagan, month 4: 15.7%Reagan, month 5: 16.1%Reagan, month 5: 16.8%Reagan, month 6: 16.7%Reagan, month 7: 16.8%Reagan, month 7: 17.1%Reagan, month 8: 17.3%Reagan, month 9: 18.2%Reagan, month 10: 18.3%Reagan, month 10: 18.4%Reagan, month 11: 18.0%Reagan, month 12: 16.9%Reagan, month 12: 16.9%Reagan, month 13: 17.4%Reagan, month 14: 17.6%Reagan, month 14: 17.5%Reagan, month 15: 17.1%Reagan, month 16: 16.9%Reagan, month 16: 16.8%Reagan, month 17: 16.7%Reagan, month 18: 16.7%Reagan, month 19: 16.9%Reagan, month 19: 16.8%Reagan, month 20: 16.4%Reagan, month 21: 15.6%Reagan, month 21: 15.2%Reagan, month 22: 14.6%Reagan, month 23: 13.9%Reagan, month 23: 13.8%Reagan, month 24: 13.6%Reagan, month 25: 13.5%Reagan, month 25: 13.1%Reagan, month 26: 13.1%Reagan, month 27: 12.8%Reagan, month 28: 12.8%Reagan, month 28: 12.8%Reagan, month 29: 12.6%Reagan, month 30: 12.7%Reagan, month 30: 13.0%Reagan, month 31: 13.5%Reagan, month 32: 13.7%Reagan, month 32: 13.8%Reagan, month 33: 13.7%Reagan, month 34: 13.6%Reagan, month 34: 13.4%Reagan, month 35: 13.4%Reagan, month 36: 13.4%Reagan, month 36: 13.4%Reagan, month 37: 13.3%Reagan, month 38: 13.2%Reagan, month 39: 13.2%Reagan, month 39: 13.5%Reagan, month 40: 13.6%Reagan, month 41: 13.8%Reagan, month 41: 14.1%Reagan, month 42: 14.5%Reagan, month 43: 14.7%Reagan, month 43: 14.7%Reagan, month 44: 14.4%Reagan, month 45: 14.4%Reagan, month 45: 14.3%Reagan, month 46: 14.1%Reagan, month 47: 13.7%Reagan, month 47: 13.4%Reagan, month 48: 13.2%Reagan, month 48: 13.1%ReaganBush 41, month 1: 10.8%Bush 41, month 1: 10.6%Bush 41, month 2: 10.7%Bush 41, month 3: 10.9%Bush 41, month 3: 11.2%Bush 41, month 4: 11.0%Bush 41, month 5: 10.9%Bush 41, month 6: 10.5%Bush 41, month 6: 10.2%Bush 41, month 7: 9.8%Bush 41, month 8: 9.7%Bush 41, month 8: 10.2%Bush 41, month 9: 10.1%Bush 41, month 10: 10.1%Bush 41, month 10: 9.8%Bush 41, month 11: 9.7%Bush 41, month 12: 9.8%Bush 41, month 12: 9.8%Bush 41, month 13: 9.9%Bush 41, month 14: 10.2%Bush 41, month 15: 10.2%Bush 41, month 15: 10.3%Bush 41, month 16: 10.3%Bush 41, month 17: 10.7%Bush 41, month 17: 10.3%Bush 41, month 18: 10.1%Bush 41, month 19: 10.1%Bush 41, month 19: 10.0%Bush 41, month 20: 10.1%Bush 41, month 21: 10.2%Bush 41, month 21: 10.2%Bush 41, month 22: 10.2%Bush 41, month 23: 10.1%Bush 41, month 23: 9.9%Bush 41, month 24: 9.6%Bush 41, month 25: 9.6%Bush 41, month 26: 9.6%Bush 41, month 26: 9.3%Bush 41, month 27: 9.5%Bush 41, month 28: 9.5%Bush 41, month 28: 9.5%Bush 41, month 29: 9.5%Bush 41, month 30: 9.5%Bush 41, month 30: 9.7%Bush 41, month 31: 9.5%Bush 41, month 32: 9.3%Bush 41, month 32: 9.2%Bush 41, month 33: 8.9%Bush 41, month 34: 8.8%Bush 41, month 35: 8.8%Bush 41, month 35: 8.6%Bush 41, month 36: 8.5%Bush 41, month 37: 8.2%Bush 41, month 37: 8.6%Bush 41, month 38: 8.7%Bush 41, month 39: 8.8%Bush 41, month 39: 9.0%Bush 41, month 40: 8.8%Bush 41, month 41: 8.8%Bush 41, month 41: 8.6%Bush 41, month 42: 8.5%Bush 41, month 43: 8.1%Bush 41, month 43: 8.1%Bush 41, month 44: 7.9%Bush 41, month 45: 7.8%Bush 41, month 46: 7.9%Bush 41, month 46: 8.2%Bush 41, month 47: 8.3%Bush 41, month 48: 8.3%Bush 41, month 48: 8.1%Bush 41, month 48: 8.1%Bush 41Clinton, month 1: 8.1%Clinton, month 1: 7.9%Clinton, month 2: 7.7%Clinton, month 3: 7.5%Clinton, month 4: 7.5%Clinton, month 4: 7.4%Clinton, month 5: 7.4%Clinton, month 6: 7.5%Clinton, month 6: 7.3%Clinton, month 7: 7.2%Clinton, month 8: 7.2%Clinton, month 8: 7.0%Clinton, month 9: 7.0%Clinton, month 10: 6.9%Clinton, month 10: 6.9%Clinton, month 11: 7.1%Clinton, month 12: 7.1%Clinton, month 12: 7.1%Clinton, month 13: 7.0%Clinton, month 14: 7.2%Clinton, month 15: 7.5%Clinton, month 15: 7.8%Clinton, month 16: 8.3%Clinton, month 17: 8.5%Clinton, month 17: 8.5%Clinton, month 18: 8.3%Clinton, month 19: 8.7%Clinton, month 19: 8.6%Clinton, month 20: 8.5%Clinton, month 21: 8.5%Clinton, month 21: 8.8%Clinton, month 22: 8.8%Clinton, month 23: 9.2%Clinton, month 24: 9.2%Clinton, month 24: 9.2%Clinton, month 25: 9.2%Clinton, month 26: 8.9%Clinton, month 26: 8.7%Clinton, month 27: 8.4%Clinton, month 28: 8.4%Clinton, month 28: 8.3%Clinton, month 29: 7.8%Clinton, month 30: 7.5%Clinton, month 30: 7.5%Clinton, month 31: 7.6%Clinton, month 32: 7.8%Clinton, month 33: 7.8%Clinton, month 33: 7.6%Clinton, month 34: 7.5%Clinton, month 35: 7.4%Clinton, month 35: 7.3%Clinton, month 36: 7.2%Clinton, month 37: 7.0%Clinton, month 37: 7.0%Clinton, month 38: 6.9%Clinton, month 39: 7.4%Clinton, month 39: 7.7%Clinton, month 40: 8.0%Clinton, month 41: 8.2%Clinton, month 41: 8.0%Clinton, month 42: 8.3%Clinton, month 43: 8.4%Clinton, month 44: 8.2%Clinton, month 44: 7.9%Clinton, month 45: 8.3%Clinton, month 46: 8.1%Clinton, month 46: 7.9%Clinton, month 47: 7.6%Clinton, month 48: 7.4%Clinton, month 48: 7.6%ClintonBush 43, month 1: 7.1%Bush 43, month 1: 7.2%Bush 43, month 2: 7.0%Bush 43, month 3: 7.0%Bush 43, month 3: 6.9%Bush 43, month 4: 7.1%Bush 43, month 5: 7.1%Bush 43, month 6: 7.2%Bush 43, month 6: 7.1%Bush 43, month 7: 7.2%Bush 43, month 8: 7.0%Bush 43, month 8: 6.9%Bush 43, month 9: 6.9%Bush 43, month 10: 6.6%Bush 43, month 10: 6.6%Bush 43, month 11: 6.5%Bush 43, month 12: 6.8%Bush 43, month 12: 7.2%Bush 43, month 13: 6.8%Bush 43, month 14: 6.9%Bush 43, month 15: 6.8%Bush 43, month 15: 7.1%Bush 43, month 16: 7.0%Bush 43, month 17: 6.8%Bush 43, month 17: 6.8%Bush 43, month 18: 6.7%Bush 43, month 19: 6.6%Bush 43, month 19: 6.3%Bush 43, month 20: 6.2%Bush 43, month 21: 6.2%Bush 43, month 21: 6.0%Bush 43, month 22: 6.2%Bush 43, month 23: 6.1%Bush 43, month 23: 6.1%Bush 43, month 24: 6.0%Bush 43, month 25: 6.0%Bush 43, month 25: 5.9%Bush 43, month 26: 5.8%Bush 43, month 27: 5.6%Bush 43, month 28: 5.8%Bush 43, month 28: 5.8%Bush 43, month 29: 5.5%Bush 43, month 30: 5.3%Bush 43, month 30: 5.2%Bush 43, month 31: 5.7%Bush 43, month 32: 6.3%Bush 43, month 32: 6.3%Bush 43, month 33: 6.0%Bush 43, month 34: 6.0%Bush 43, month 34: 5.9%Bush 43, month 35: 5.8%Bush 43, month 36: 5.9%Bush 43, month 36: 5.8%Bush 43, month 37: 5.6%Bush 43, month 38: 5.7%Bush 43, month 39: 5.6%Bush 43, month 39: 5.4%Bush 43, month 40: 5.9%Bush 43, month 41: 6.1%Bush 43, month 41: 6.3%Bush 43, month 42: 6.3%Bush 43, month 43: 6.0%Bush 43, month 43: 6.1%Bush 43, month 44: 5.8%Bush 43, month 45: 5.8%Bush 43, month 45: 5.7%Bush 43, month 46: 5.7%Bush 43, month 47: 5.8%Bush 43, month 48: 5.8%Bush 43, month 48: 5.8%Bush 43, month 48: 5.8%Bush 43Obama, month 1: 5.0%Obama, month 1: 5.1%Obama, month 2: 5.0%Obama, month 3: 5.0%Obama, month 4: 4.8%Obama, month 4: 4.8%Obama, month 5: 4.9%Obama, month 6: 5.3%Obama, month 6: 5.4%Obama, month 7: 5.1%Obama, month 8: 5.2%Obama, month 8: 5.1%Obama, month 9: 5.0%Obama, month 10: 4.9%Obama, month 10: 5.0%Obama, month 11: 4.8%Obama, month 12: 4.8%Obama, month 12: 5.1%Obama, month 13: 5.0%Obama, month 14: 5.0%Obama, month 15: 5.0%Obama, month 15: 5.0%Obama, month 16: 5.1%Obama, month 17: 5.0%Obama, month 17: 4.8%Obama, month 18: 4.8%Obama, month 19: 4.6%Obama, month 19: 4.5%Obama, month 20: 4.4%Obama, month 21: 4.3%Obama, month 21: 4.3%Obama, month 22: 4.2%Obama, month 23: 4.2%Obama, month 24: 4.5%Obama, month 24: 4.8%Obama, month 25: 4.7%Obama, month 26: 4.8%Obama, month 26: 5.0%Obama, month 27: 4.8%Obama, month 28: 4.9%Obama, month 28: 4.8%Obama, month 29: 4.6%Obama, month 30: 4.5%Obama, month 30: 4.5%Obama, month 31: 4.5%Obama, month 32: 4.3%Obama, month 33: 4.2%Obama, month 33: 4.1%Obama, month 34: 4.1%Obama, month 35: 4.0%Obama, month 35: 4.0%Obama, month 36: 3.9%Obama, month 37: 3.9%Obama, month 37: 4.0%Obama, month 38: 3.9%Obama, month 39: 3.9%Obama, month 39: 4.0%Obama, month 40: 3.9%Obama, month 41: 3.8%Obama, month 41: 3.8%Obama, month 42: 3.7%Obama, month 43: 3.6%Obama, month 44: 3.5%Obama, month 44: 3.7%Obama, month 45: 3.5%Obama, month 46: 3.4%Obama, month 46: 3.4%Obama, month 47: 3.3%Obama, month 48: 3.3%Obama, month 48: 3.4%ObamaTrump I, month 1: 4.2%Trump I, month 1: 4.2%Trump I, month 2: 4.2%Trump I, month 3: 4.2%Trump I, month 3: 4.1%Trump I, month 4: 4.0%Trump I, month 5: 4.0%Trump I, month 6: 3.9%Trump I, month 6: 3.9%Trump I, month 7: 4.0%Trump I, month 8: 3.9%Trump I, month 8: 3.9%Trump I, month 9: 3.8%Trump I, month 10: 3.9%Trump I, month 10: 3.9%Trump I, month 11: 4.0%Trump I, month 12: 3.9%Trump I, month 12: 4.0%Trump I, month 13: 4.0%Trump I, month 14: 4.3%Trump I, month 15: 4.4%Trump I, month 15: 4.5%Trump I, month 16: 4.4%Trump I, month 17: 4.5%Trump I, month 17: 4.7%Trump I, month 18: 4.6%Trump I, month 19: 4.5%Trump I, month 19: 4.5%Trump I, month 20: 4.5%Trump I, month 21: 4.5%Trump I, month 21: 4.7%Trump I, month 22: 4.8%Trump I, month 23: 4.9%Trump I, month 23: 4.8%Trump I, month 24: 4.6%Trump I, month 25: 4.5%Trump I, month 25: 4.5%Trump I, month 26: 4.3%Trump I, month 27: 4.3%Trump I, month 28: 4.1%Trump I, month 28: 4.2%Trump I, month 29: 4.1%Trump I, month 30: 3.8%Trump I, month 30: 3.7%Trump I, month 31: 3.8%Trump I, month 32: 3.6%Trump I, month 32: 3.6%Trump I, month 33: 3.7%Trump I, month 34: 3.6%Trump I, month 34: 3.8%Trump I, month 35: 3.7%Trump I, month 36: 3.7%Trump I, month 37: 3.7%Trump I, month 37: 3.6%Trump I, month 38: 3.5%Trump I, month 39: 3.3%Trump I, month 39: 3.5%Trump I, month 40: 3.3%Trump I, month 41: 3.3%Trump I, month 41: 3.1%Trump I, month 42: 3.1%Trump I, month 43: 3.0%Trump I, month 43: 3.0%Trump I, month 44: 3.0%Trump I, month 45: 2.9%Trump I, month 46: 2.9%Trump I, month 46: 2.8%Trump I, month 47: 2.8%Trump I, month 48: 2.7%Trump I, month 48: 2.7%Trump I, month 48: 2.7%Trump IBiden, month 1: 2.6%Biden, month 1: 2.7%Biden, month 2: 2.8%Biden, month 3: 3.0%Biden, month 4: 3.2%Biden, month 4: 3.0%Biden, month 5: 2.9%Biden, month 6: 3.0%Biden, month 6: 3.0%Biden, month 7: 2.9%Biden, month 8: 2.8%Biden, month 8: 2.9%Biden, month 9: 2.9%Biden, month 10: 3.0%Biden, month 10: 3.1%Biden, month 11: 3.1%Biden, month 12: 3.1%Biden, month 12: 3.1%Biden, month 13: 3.6%Biden, month 14: 3.7%Biden, month 15: 3.8%Biden, month 15: 4.4%Biden, month 16: 5.0%Biden, month 17: 5.3%Biden, month 17: 5.1%Biden, month 18: 5.8%Biden, month 19: 5.3%Biden, month 19: 5.3%Biden, month 20: 5.1%Biden, month 21: 5.9%Biden, month 21: 6.7%Biden, month 22: 6.9%Biden, month 23: 7.1%Biden, month 24: 6.5%Biden, month 24: 6.3%Biden, month 25: 6.3%Biden, month 26: 6.1%Biden, month 26: 6.5%Biden, month 27: 6.6%Biden, month 28: 6.3%Biden, month 28: 6.4%Biden, month 29: 6.4%Biden, month 30: 6.7%Biden, month 30: 6.7%Biden, month 31: 6.8%Biden, month 32: 7.0%Biden, month 32: 7.2%Biden, month 33: 7.2%Biden, month 34: 7.6%Biden, month 35: 7.8%Biden, month 35: 7.3%Biden, month 36: 7.0%Biden, month 37: 6.6%Biden, month 37: 6.7%Biden, month 38: 6.8%Biden, month 39: 6.9%Biden, month 39: 6.8%Biden, month 40: 7.1%Biden, month 41: 7.1%Biden, month 41: 7.0%Biden, month 42: 6.9%Biden, month 43: 6.9%Biden, month 44: 6.7%Biden, month 44: 6.5%Biden, month 45: 6.2%Biden, month 46: 6.1%Biden, month 46: 6.5%Biden, month 47: 6.8%Biden, month 48: 6.7%Biden, month 48: 6.8%BidenTrump II, month 1: 6.9%Trump II, month 1: 7.0%Trump II, month 2: 6.9%Trump II, month 3: 6.6%Trump II, month 3: 6.7%Trump II, month 4: 6.8%Trump II, month 5: 6.8%Trump II, month 5: 6.9%Trump II, month 6: 6.8%Trump II, month 7: 6.7%Trump II, month 7: 6.7%Trump II, month 8: 6.6%Trump II, month 9: 6.3%Trump II, month 10: 6.3%Trump II, month 10: 6.2%Trump II, month 11: 6.2%Trump II, month 12: 6.2%Trump II, month 12: 6.2%Trump II, month 13: 6.1%Trump II, month 14: 6.1%Trump II, month 14: 6.0%Trump II, month 15: 6.2%Trump II, month 16: 6.4%Trump II, month 16: 6.3%Trump II, month 17: 6.5%Trump II, month 18: 6.5%Trump II, month 19: 6.4%Trump II, month 19: 6.6%Trump II, month 20: 6.7%Trump II, month 21: 6.7%Trump II, month 21: 7.0%Trump II, month 22: 7.4%Trump II, month 23: 7.2%Trump II
Mortgage Rate, months 1–48 of each term. Highlighted: Trump II.

Every administration at month 23

30-Year Mortgage Rate at month 23 in office, 9 administrations ranked lowest (best) to highest. Average of all 9: 8.0%.
RankAdministrationValue at month 23Change since month 1Latest / end of month 48Primary federal source
#1Barack Obama4.2%−0.8 pts3.3% (month 48)Freddie Mac · MORTGAGE30US
#2Donald Trump (first term)4.8%+0.6 pts2.7% (month 48)Freddie Mac · MORTGAGE30US
#3George W. Bush6.1%−0.9 pts5.8% (month 48)Freddie Mac · MORTGAGE30US
#4Joe Biden7.0%+4.3 pts6.7% (month 48)Freddie Mac · MORTGAGE30US
#5Donald Trump (second term) · in office7.2%+0.3 pts7.2% (month 23)Freddie Mac · MORTGAGE30US
#6Bill Clinton9.1%+1.0 pts7.4% (month 48)Freddie Mac · MORTGAGE30US
#7Jimmy Carter9.9%+1.2 pts14.4% (month 48)Freddie Mac · MORTGAGE30US
#8George H. W. Bush10.1%−0.7 pts8.3% (month 48)Freddie Mac · MORTGAGE30US
#9Ronald Reagan13.9%−1.0 pts13.2% (month 48)Freddie Mac · MORTGAGE30US

Methodology and source verification

Average 30-year fixed mortgage rate from Freddie Mac's weekly survey, one reading per month. Lower ranks better.

Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.

Primary source: Freddie Mac. Retrieved from the Federal Reserve Bank of St. Louis (FRED), series MORTGAGE30US, refreshed hourly. Full methods: methodology.

30-Year Mortgage Rate by president

30-Year Mortgage Rate under Richard Nixon30-Year Mortgage Rate under Jimmy Carter30-Year Mortgage Rate under Ronald Reagan30-Year Mortgage Rate under George H. W. Bush30-Year Mortgage Rate under Bill Clinton30-Year Mortgage Rate under George W. Bush30-Year Mortgage Rate under Barack Obama30-Year Mortgage Rate under Donald Trump (first term)30-Year Mortgage Rate under Joe Biden30-Year Mortgage Rate under Donald Trump (second term)

Other benchmarks

GDP GrowthReal GDPUnemployment RateLabor Force ParticipationJobs Added per MonthManufacturing JobsInflation (CPI)Core InflationGas PricesReal WagesPurchasing Power of the DollarFederal Funds RateDebt-to-GDPTrade BalanceHousing StartsRetail SalesJob OpeningsJob Openings per Job SeekerPersonal Saving RateConsumer SentimentS&P 50010-Year Treasury Yield5-Year Treasury YieldYield Curve (10Y–2Y)Federal Budget Balance