Average 30-year mortgage rate fell below 6% last week, White House says

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The statement is not 100% exact but close enough for a reasonable person (e.g., claimed 70% vs. actual 65%). Learn more in Methodology.

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Mortgage market data (e.g., Freddie Mac, MBA) show the national average 30-year mortgage rate below 6% during the referenced week.

Source summary
President Trump delivered an address at the World Economic Forum in Davos outlining economic and foreign-policy priorities, emphasizing national sovereignty, cultural preservation, and transatlantic cooperation. He announced executive and administrative actions — including an executive order to bar large institutional investors from buying single-family homes and instructions for government-backed institutions to buy up to $200 billion in mortgage bonds — and urged Congress to cap credit-card interest rates and pass crypto market legislation. He also highlighted claimed economic gains from his first year back in office and urged European partners to prioritize energy, trade, immigration, and cultural cohesion. The remarks combined policy announcements with partisan critiques of the prior administration and calls for coordinated Western action.
Latest fact check

Evidence from Freddie Macs Primary Mortgage Market Survey shows the weekly average 30-year fixed-rate mortgage was 6.06% for the week ending Jan. 15, 2026 (not below 6%). Some other industry-run daily averages (for example Zillows daily rate) reported a 30-year rate at or just under 6% (e.g., 5.99% on Jan. 20, 2026). Because the commonly cited weekly national benchmark (Freddie Mac PMMS) was still above 6% that week while some daily provider indices briefly reported sub-6% figures, the White House statement is not precisely correct but is close enough that a reasonable person could interpret it as broadly true.

Timeline

  1. Update · Jan 22, 2026, 03:18 AMClose
    Evidence from Freddie Macs Primary Mortgage Market Survey shows the weekly average 30-year fixed-rate mortgage was 6.06% for the week ending Jan. 15, 2026 (not below 6%). Some other industry-run daily averages (for example Zillows daily rate) reported a 30-year rate at or just under 6% (e.g., 5.99% on Jan. 20, 2026). Because the commonly cited weekly national benchmark (Freddie Mac PMMS) was still above 6% that week while some daily provider indices briefly reported sub-6% figures, the White House statement is not precisely correct but is close enough that a reasonable person could interpret it as broadly true.
  2. Original article · Jan 21, 2026

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