DanClancymortgage

DanClancymortgage Sr. Loan Originator -
nmls # 1552098
Fairway Independent Mortgage Company nmls # 2289
licensed in Florida Bringing Wholesale Rates to Your Front Door!

Just sharing some Market News for those interested.Today's Mortgage rates fall for 2nd straight week, Freddie Mac saysht...
05/01/2025

Just sharing some Market News for those interested.
Today's

Mortgage rates fall for 2nd straight week, Freddie Mac says
https://www.foxbusiness.com/economy/mortgage-rates-fall-second-straight-week-freddie-mac-says

Mortgage activity ticked up for the second week in a row, according to Freddie Mac, offering some relief to homebuyers facing persistent affordability challenges. Despite slight improvements, the housing market remains sluggish, with transaction levels near 30-year lows. A major factor is the “lock-in effect,” where nearly 70% of homeowners hold existing mortgages with significantly lower payments, making them reluctant to move. This contributes to the ongoing inventory crunch, with a reported shortfall of 3.8 million homes nationwide, according to Realtor.com.

The average rate on the 30-year fixed mortgage fell this week to 6.76%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.

Down Payment Assistance down to 600 Scores!No 1st Time Homebuyer RequirementNo Income RestrictionsCo-Borrower's Ok!Let m...
04/30/2025

Down Payment Assistance down to 600 Scores!
No 1st Time Homebuyer Requirement
No Income Restrictions
Co-Borrower's Ok!
Let me know if I can run any options or scenarios for you!

Address

Fairway Independent Mortgage Company
Tampa, FL
33607

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 4pm
Saturday 10am - 2pm

Telephone

+17274301462

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