News Results

  1. NexPoint Residential Trust, Inc. Completes Refinancings of 18-Properties With 1 Additional Refinancing Expected to Close on December 1st; "De-risks" the Balance Sheet through Improved Cost of Capital/Extends Weighted Average Maturity to 6.3 years
    PR Newswire | 08:30 AM EST

    DALLAS, Dec. 1, 2022 NexPoint Residential Trust, Inc. (NXRT) announced today the closing of 18-property mortgage refinancings through KeyBank Real Estate Capital and The Federal Home Loan Mortgage Corporation. Holistically, these refinancings are expected to reduce NXRT's weighted average interest rate on total debt by 12 bps to 5.35%, before the impact of interest rate swap contracts.

  2. Fannie Mae Releases October 2022 Monthly Summary
    PR Newswire | 11/30/22 04:05 PM EST

    WASHINGTON, Nov. 30, 2022 Fannie Mae's October 2022 Monthly Summary is now available. Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.

  3. California REALTORS? applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits
    PR Newswire | 11/29/22 02:00 PM EST

    LOS ANGELES, Nov. 29, 2022 The CALIFORNIA ASSOCIATION OF REALTORS? today issued the following statement in response to the Federal Housing Finance Agency's announcement to increase the 2023 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $726,200 on one-unit properties and a cap of $1,089,300 in high-cost areas.

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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