CNN reported Friday that the average monthly home mortgage payment is down approximately $260 per month since President Donald Trump took office a year ago.
The network is normally not quick to say anything positive about Trump or his policies.
Nonetheless, CNN business reporter Matt Egan showed the difference in the monthly mortgage payment for someone who bought a $500,000 home with a 20 percent down payment in January 2025, when Trump took office, compared to now.
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The cost in January 2025 was $2,672 per month versus the current $2,414, which is about a $260 difference.
Egan highlighted that over the course of a year, that adds up to $3,000 less in interest payments.
Over the course of an entire loan, that is $90,000 less,
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