This past week president Donald Trump signed a series of executive orders aimed at accelerating home construction and expanding access to mortgage financing, a move welcomed by major housing industry groups that say regulatory bottlenecks are worsening America's affordability crisis.
Residential mortgage rates climbed this week as financial and energy markets reacted to escalating tensions in the Middle East following the launch of Operation EPIC FURY on February 28, 2026.
The U.S. government has begun enforcing its first nationwide anti-money laundering safeguards targeting the residential real estate market, closing a long-criticized loophole that allowed illicit funds to flow into property purchases with limited scrutiny.
The average rate on a 30-year fixed loan fell to 5.99% this week, matching its lowest level since 2022. A year ago, borrowers faced rates closer to 6.9%, underscoring how sharply financing costs have eased in recent months.
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