Rates have fallen by almost a percentage point under the Trump administration.
A trailer park home in Duncansville, Pa., on March 12, 2025. Madalina Vasiliu/The Epoch Times
The weekly average mortgage rate on a 30-year fixed-rate mortgage has dropped to its lowest level in 41 months, easing affordability concerns among prospective homebuyers, according to Feb. 19 data from Freddie Mac.
For the week ending Feb. 19, the 30-year weekly rate was 6.01 percent.
