Will Trump make mortgage rates go down?

Probably not directly. A U.S. president does not set mortgage rates. Mortgage rates are influenced by many factors, especially inflation, bond market expectations, and Federal Reserve policy.

Trump’s policies could affect rates indirectly, but the direction is mixed:

• Policies that reduce inflation or slow economic growth could eventually help push mortgage rates down.
• Policies that raise inflation, such as broad tariffs, could keep rates higher for longer.
• Bigger deficits can put upward pressure on bond yields, which can raise mortgage rates.

So the short answer is: Trump might influence mortgage rates indirectly, but there is no reliable way to say he will make them go down. The outcome depends on which policies are adopted and how markets and the Federal Reserve respond.