News Results

  1. Greystone Provides $15.5 Million in Fannie Mae DUS? Financing for?Multifamily Property in Albany, Georgia
    GlobeNewswire | 07/22/24 01:59 PM EDT

    Greystone, a leading national commercial real estate finance company, has provided a $15,486,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 252-unit multifamily property in Albany, Georgia. Constructed in 1987, 509 North Apartments in Dougherty County is a garden-style apartment community with 14 buildings featuring one- and two-bedroom units.

  2. Farmers and Merchants Bancshares, Inc. Reports Earnings of $2,298,496 or $0.74 per Share for the Six Months Ended June 30, 2024
    GlobeNewswire | 07/22/24 09:00 AM EDT

    Farmers and Merchants Bancshares, Inc., the parent company of Farmers and Merchants Bank (FMFG), announced that net income for the six months ended June 30, 2024 was $2,298,496, or $0.74 per common share, compared to $3,570,968, or $1.16 per common share, for the same period in 2023.

  3. Update ? Federal Home Loan Bank of Indianapolis announces return of popular HomeBoost Down Payment Assistance Program with $5 million allocation
    GlobeNewswire | 07/19/24 10:28 AM EDT

    After exhausting $2.5 million in just two months in 2023, the Federal Home Loan Bank of Indianapolis is relaunching the HomeBoost Down Payment Assistance Program with double the allocation this year ? $5 million to help with down payment, closing and counseling costs for minority and first-generation first-time homebuyers.

  4. FHLBank announces return of popular HomeBoost Down Payment Assistance Program with $5 million allocation
    GlobeNewswire | 07/18/24 02:54 PM EDT

    After exhausting $2.5 million in just two months in 2023, the Federal Home Loan Bank of Indianapolis is relaunching the HomeBoost Down Payment Assistance Program with double the allocation this year ? $5 million to help with down payment, closing and counseling costs for minority and first-generation first-time homebuyers.

  5. Mortgage Rates Continue to Fall
    GlobeNewswire | 07/18/24 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.77 percent. "The 30-year fixed-rate mortgage fell to its lowest level since mid-March, dropping 12 basis points from last week,? said Sam Khater, Freddie Mac?s Chief Economist.

  6. Freddie Mac Reminds Homeowners of Mortgage Relief Options Amid Hurricane and Wildfire Season
    GlobeNewswire | 07/17/24 10:19 AM EDT

    Freddie Mac today is reminding homeowners and mortgage servicers of its immediate relief options as hurricane season and wildfire season ramp up, including for those currently affected by Hurricane Beryl and the California wildfires.

  7. Q3 Update to the 2024 Economic Outlook Forecasts 3.7% Expansion in Equipment and Software Investment, 2.3% GDP Growth
    GlobeNewswire | 07/17/24 08:00 AM EDT

    Midway through the year, the outlook for a soft landing has strengthened, driven by easing inflation and a robust labor market, according to the Q3 update of the 2024 Equipment Leasing & Finance U.S. Economic Outlook. Real equipment and software investment growth is projected to be 3.7% in 2024, with activity expected to pick up later in the year after the Fed lowers interest rates.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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