News Results

  1. Freddie Mac Announces Action to Make Down Payment Assistance Programs More Accessible for Individuals and Families Across the Nation
    GlobeNewswire | 01:00 PM EST

    Freddie Mac??today announced new, standardized mortgage documents that increase clarity, consistency and accessibility of down payment assistance programs nationwide. ?Saving for a down payment continues to be the largest barrier to homeownership for lower-income and first-time homebuyers,? said Danny Gardner, Single-Family Senior Vice President of Mission and Community Engagement at Freddie Mac.

  2. New, Streamlined FAFSA? Available Dec. 31: What Families Should Do Now to Get Prepared and Why Filing As Soon As Possible Is So Important
    Business Wire | 10:05 AM EST

    Almost 30% of College-Going Families Skipped The FAFSA? Last Year, Potentially Missing Out on Grants, Scholarships, and Federal Financial Aid Sallie Mae Introduces Free, Step-by-Step Guide to Help More Families Complete the FAFSA?. NEWARK, Del.

  3. Affordable Housing Grants Strengthen Communities with Over $33 Million Awarded from Federal Home Loan Bank of Chicago
    Business Wire | 10:00 AM EST

    The Federal Home Loan Bank of Chicago today announced that it has awarded more than $33 million to help finance 44 housing projects and developments across Illinois and Wisconsin through its Affordable Housing Program General Fund. This press release features multimedia. ?Economic pressures, like rising interest rates and material costs, provide significant challenges for development.

    PR Newswire | 11/30/23 05:50 PM EST

    Lameier, Welty, Diaz and Stivers elected to four-year terms; Rogers rejoins Board;Vance re-elected vice chair CINCINNATI, Nov. 30, 2023 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati's Board of Directors announced the results of the FHLB's 2023 director elections.

  5. Mortgage Rates Decline For Fifth Week In A Row: 'Encouraging Development For Potential Homebuyers'
    Benzinga | 11/30/23 03:15 PM EST

    Potential homebuyers found further relief on Thursday after mortgage rates fell in the U.S. for the fifth consecutive week. The average rate for a 30-year loan fell to 7.22%, down from 7.29% last week, said Freddie Mac, the mortgage-backed securities broker. Although conditions for buyers appear to be easing, 30-year mortgage rates remain close to their peaks.

  6. Mortgage Rates Drop for the Fifth Consecutive Week
    GlobeNewswire | 11/30/23 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 7.22 percent. ?Market sentiment has significantly shifted over the last month, leading to a continued decline in mortgage rates,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. Fannie Mae Receives 'Equality 100 Award' from Human Rights Campaign Foundation
    PR Newswire | 11/30/23 09:56 AM EST

    Company Scores 100 on 2023-2024 Corporate Equality Index for Ninth Consecutive Year WASHINGTON, Nov. 30, 2023 Fannie Mae?today announced it has been recognized with the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion from the Human Rights Campaign Foundation, receiving a score of 100 on its 2023-2024 Corporate Equality Index for the ninth consecutive year.

  8. Felipe Rael Reelected to Federal Home Loan Bank of Dallas Board of Directors
    Business Wire | 11/29/23 05:46 PM EST

    The Federal Home Loan Bank of Dallas is pleased to announce the reelection of Felipe Rael to the FHLB Dallas Board of Directors, filling a public interest independent director seat. This press release features multimedia. Mr. Rael brings more than 20 years of housing industry experience to the Board.

  9. Fannie Mae Releases October 2023 Monthly Summary
    PR Newswire | 11/29/23 04:05 PM EST

    WASHINGTON, Nov. 29, 2023 Fannie Mae's October 2023 Monthly Summary is now available. About Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroom

  10. AI-powered computer vision technology offers lenders, appraisers image validation solution designed for GSE-compliance
    GlobeNewswire | 11/29/23 10:30 AM EST

    National banks and mortgage lenders are scrambling to incorporate image recognition into their appraisal review process, as the leading Government Sponsored Enterprise announced it will use "image recognition" to detect incorrect quality and condition ratings. GSEs require appraisal reports to include interior and exterior photos of subject properties.

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.