It’s an election year and maybe you like me have been hearing both parties make claims that would lead you to believe a President can directly control, lower, influence etc. home mortgage rates, in a short relatively period of time. The “short” answer (pun intended 😉 is – No they can not directly and that’s a good thing as overall there are people much better educated & experienced specifically in economics than a typical President for that. However their policies once given time to develop and work (or fail )can influence mortgage rates. But, again over time.