30-Year Mortgage Rate under George W. Bush
30-Year Mortgage Rate went from 7.1% in George W. Bush's first month to 5.8% at month 48: a change of −1.3 pts. At that point in office it ranks #3 of 9 administrations since 1969. Official data from the Freddie Mac.
All administrations at month 48
| Rank | Administration | Value at month 48 | Change since month 1 | Latest / end of month 48 | Primary federal source |
|---|---|---|---|---|---|
| #1 | Donald Trump (first term) | 2.7% | −1.5 pts | 2.7% (month 48) | Freddie Mac · MORTGAGE30US |
| #2 | Barack Obama | 3.3% | −1.7 pts | 3.3% (month 48) | Freddie Mac · MORTGAGE30US |
| #3 | George W. Bush | 5.8% | −1.3 pts | 5.8% (month 48) | Freddie Mac · MORTGAGE30US |
| #4 | Joe Biden | 6.7% | +4.0 pts | 6.7% (month 48) | Freddie Mac · MORTGAGE30US |
| #5 | Bill Clinton | 7.4% | −0.6 pts | 7.4% (month 48) | Freddie Mac · MORTGAGE30US |
| #6 | Richard Nixon | 7.5% | — | 7.5% (month 48) | Freddie Mac · MORTGAGE30US |
| #7 | George H. W. Bush | 8.3% | −2.5 pts | 8.3% (month 48) | Freddie Mac · MORTGAGE30US |
| #8 | Ronald Reagan | 13.2% | −1.8 pts | 13.2% (month 48) | Freddie Mac · MORTGAGE30US |
| #9 | Jimmy Carter | 14.4% | +5.7 pts | 14.4% (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.