Mortgage affordability hits four-year high as White House points to Trump housing policies

Mortgage affordability is at a four-year high after rates fell in January, with the White House touting President Donald Trump’s economic policies and maintaining his promise to "unlock" the opportunity of homeownership for American families.

ICE Mortgage Technology’s February Mortgage Monitor Report showed that the mortgage rate declined in January and opened the door to refinancing opportunities for millions of borrowers. The report said the change brought housing affordability to a four-year-high, according to HousingWire.