Interest rate on housing mortgages drops [3RhgwwfBVxq]

Mortgage rates are now at the lowest level in nearly a year in anticipation of an interest rate cut by the Federal Reserve next week with a 30-year fixed mortgage rate dropping to 6.35 percent. ––– Subscribe to ABC News on YouTube: ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. Download the ABC News app for the latest headlines and alerts: Watch 24/7 coverage of breaking news and live events on ABC News Live: Watch full episodes of World News Tonight with David Muir here: Read ABC News reports online: ABC News is the home to the #1 evening newscast “World News Tonight with David Muir," “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.” Connect with ABC News on social media: Facebook: Instagram: TikTok: X: Threads: WhatsApp: LinkedIn:

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