30-Year Mortgage Rate under Donald Trump (second term)
30-Year Mortgage Rate went from 6.9% in Donald Trump (second term)'s first month to 7.2% at month 23 (the latest reading): a change of +0.3 pts. At that point in office it ranks #5 of 9 administrations since 1969. Official data from the Freddie Mac.
All administrations at month 23
| Rank | Administration | Value at month 23 | Change since month 1 | Latest / end of month 48 | Primary federal source |
|---|---|---|---|---|---|
| #1 | Barack Obama | 4.2% | −0.8 pts | 3.3% (month 48) | Freddie Mac · MORTGAGE30US |
| #2 | Donald Trump (first term) | 4.8% | +0.6 pts | 2.7% (month 48) | Freddie Mac · MORTGAGE30US |
| #3 | George W. Bush | 6.1% | −0.9 pts | 5.8% (month 48) | Freddie Mac · MORTGAGE30US |
| #4 | Joe Biden | 7.0% | +4.3 pts | 6.7% (month 48) | Freddie Mac · MORTGAGE30US |
| #5 | Donald Trump (second term) · in office | 7.2% | +0.3 pts | 7.2% (month 23) | Freddie Mac · MORTGAGE30US |
| #6 | Bill Clinton | 9.1% | +1.0 pts | 7.4% (month 48) | Freddie Mac · MORTGAGE30US |
| #7 | Jimmy Carter | 9.9% | +1.2 pts | 14.4% (month 48) | Freddie Mac · MORTGAGE30US |
| #8 | George H. W. Bush | 10.1% | −0.7 pts | 8.3% (month 48) | Freddie Mac · MORTGAGE30US |
| #9 | Ronald Reagan | 13.9% | −1.0 pts | 13.2% (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.