News Results

  1. 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.

  2. 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.

  3. ECRID Offers Federal Housing Finance Agency (FHFA) Credit & Lending Platform to Immediately Assist Low-Credit and No-Credit Home Buyers, and Others
    GlobeNewswire | 11/21/22 02:01 PM EST

    Ecrid, Inc. (ECDD) announces today details on the Company's FHFA Lending Platform. A New Measure of Credit ? The traditional FICO credit score that Fannie Mae and Freddie Mac rely on to approve home buyers will soon be a thing of the past.

  4. Greystone Provides $30.4 Million in Fannie Mae DUS? Financing for Multifamily Property in Thornton, Colorado
    GlobeNewswire | 11/21/22 11:00 AM EST

    Greystone, a leading national commercial real estate finance company, has provided a $30,406,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 206-unit multifamily property in Thornton, CO. The financing was originated by Dale Holzer, Managing Director in Greystone?s Newport Beach, CA office on behalf of Milky Way Apartments, LLC.

  5. Federal Home Loan Bank of Indianapolis awards $7.24 million in Affordable Housing Program grants
    GlobeNewswire | 11/18/22 06:05 PM EST

    The Federal Home Loan Bank of Indianapolis announced today that $7.24 million in affordable housing grants will be awarded to 17 affordable housing developments in Indiana and Michigan through the Bank?s 2022 Affordable Housing Program.

  6. Freddie Mac Reports Impact of Its Single-Family Green Mortgage-Backed Securities Issuance
    GlobeNewswire | 11/18/22 10:00 AM EST

    Freddie Mac today released its Green MBS Impact Report for 2021, providing transparency under the enterprise?s Single-Family Green Bond Framework. ?Freddie Mac?s sustainability focus strengthens our commitment to our mission and helps us drive long-term value for our stakeholders while making a difference in our communities,? said Freddie Mac?s Mark Hanson, Senior Vice President, Securitization.

  7. Freddie Mac Plans Pool-Level Social Index Disclosures
    GlobeNewswire | 11/17/22 03:00 PM EST

    Freddie Mac today set Dec. 2, 2022, as the date it intends to publish a one-time historical file reporting Social Index scores for all active and inactive or paid off mortgage-backed securities pools formed since January 2010.

  8. Freddie Mac Single-Family Credit Risk Transfer Program Protects $136 Billion of Loans in Third Quarter
    GlobeNewswire | 11/17/22 02:30 PM EST

    Freddie Mac?s?Single-Family business today announced that its Credit Risk Transfer program reported Third Quarter 2022 CRT issuance of approximately $4.7 billion, protecting approximately $136 billion in unpaid principal balance of single-family mortgages.

  9. Mortgage Rates Tumble
    GlobeNewswire | 11/17/22 12:18 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.61 percent. ?Mortgage rates tumbled this week due to incoming data that suggests inflation may have peaked,? said Sam Khater, Freddie Mac?s Chief Economist. Khater added, ?Over the last fifty years, Freddie Mac has closely monitored the trajectory of mortgage rates.

  10. Freddie Mac: New Survey Shows Gen Z Apprehensive About the Path to Homeownership
    GlobeNewswire | 11/16/22 01:00 PM EST

    Homeownership continues to be something to strive for among ?Generation Z,? the demographic cohort following Millennials, according to a new survey from Freddie Mac.

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.