News Results

  1. Mortgage Rates Continue to Decrease
    GlobeNewswire | 12/01/22 12:15 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.49 percent. ?Mortgage rates continued to drop this week as optimism grows around the prospect that the Federal Reserve will slow its pace of rate hikes,? said Sam Khater, Freddie Mac?s Chief Economist.

  2. Newtek Receives Approval?From the OCC to Acquire National Bank of New York City
    GlobeNewswire | 12/01/22 08:30 AM EST

    Newtek Business Services Corp. (NEWT) today announced that it has received conditional approval from Office of the Comptroller of the Currency to complete its acquisition of the National Bank of New York City.

  3. Federal Home Loan Bank of Indianapolis?Board of Directors elects Chair, Vice Chair
    GlobeNewswire | 11/30/22 05:03 PM EST

    The Federal Home Loan Bank of Indianapolis Board of Directors has elected Karen F. Gregerson as Chair of the Board and Robert M. Fisher as Vice Chair of the Board, each for a two-year term beginning Jan. 1, 2023, and ending Dec. 31, 2024. Since 2016, Karen Gregerson has been President and CEO of The Farmers Bank in Frankfort, Ind.

  4. Greystone Provides $11.9 Million in Fannie Mae Financing for the Acquisition of Affordable Seniors Housing in Tavares, Florida
    GlobeNewswire | 11/30/22 09:52 AM EST

    Greystone, a leading national commercial real estate finance company, has provided an $11,916,000 Fannie Mae Multifamily Affordable Housing loan for the acquisition of a senior living community in Tavares, Florida. Constructed in 2006, Lake Point Senior Apartments in Lake County is a 160-unit, LIHTC, age-restricted, 3-story elevatored apartment complex.

  5. StoneCo Announces Approval of Founders? Corporate Restructuring by the Brazilian Central Bank
    GlobeNewswire | 11/29/22 08:41 AM EST

    StoneCo Ltd. (STNE) announced today that the Brazilian Central Bank has approved the technical requirement of change of control submitted by the Company amid a corporate restructuring involving its Founders, as announced by the Company on June 1, 2022.

  6. Mortgage Rates Tick Down
    GlobeNewswire | 11/23/22 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage averaged 6.58 percent. ?Mortgage rates continued to tick down heading into the Thanksgiving holiday,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. S&P Global Upgraded Vallourec Long Term Credit Rating To 'B+'; Outlook Stable
    GlobeNewswire | 11/23/22 10:25 AM EST

    Meudon, 23 November 2022 ? Vallourec announces today that S&P Global has decided to upgrade Vallourec?s long-term issuer credit rating to 'B+' from 'B' and the issue rating on its senior unsecured notes to 'BB-' from 'B+'. S&P Global also affirmed 'B' rating on its commercial paper program. Attachment Image: Primary Logo.

  8. Freddie Mac Issues Monthly Volume Summary for October 2022
    GlobeNewswire | 11/22/22 04:33 PM EST

    Freddie Mac today posted to its website its Monthly Volume Summary for October 2022, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  9. Blink Charging Chairman and CEO Participates in World Economic Forum?s Advanced Energy Solutions Community Inaugural Meeting in Geneva
    GlobeNewswire | 11/22/22 09:15 AM EST

    Blink Charging Co. (BLNK), a leading designer, manufacturer and owner-operator of electric vehicle charging equipment and services, today announced Blink Charging Chairman and Chief Executive Officer, Michael D. Farkas, will be participating at the World Economic Forum?s inaugural?Advanced Energy Solutions meeting?in Geneva, providing business perspectives and sharing input on the acceleration of depl...

  10. Equipment Leasing and Finance Association?s Survey of Economic Activity: Monthly Leasing and Finance Index
    GlobeNewswire | 11/22/22 08:00 AM EST

    The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for October was $11.3 billion, up 6 percent year-over-year from new business volume in October 2021.

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.