News Results

  1. Federal Home Loan Bank of Dallas Commits $79.4 Million to Affordable Housing Program ? $50 Million More Than 2023 Commitment
    Business Wire | 05:19 PM EST

    Funds Are Used for Housing to Revitalize Communities. This year, the Federal Home Loan Bank of Dallas is offering $79.4 million in grants through its Affordable Housing Program General Fund ? more than $50 million than was allocated in 2023. This press release features multimedia.

  2. KBRA Assigns Ratings to PNMAC GMSR ISSUER TRUST MSR COLLATERALIZED NOTES, Series 2024-GT1
    Business Wire | 04:51 PM EST

    KBRA assigns ratings of ?BBB? to the Series 2024-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC?s master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mortgage backed securities.

  3. Fannie Mae Releases January 2024 Monthly Summary
    PR Newswire | 04:05 PM EST

    WASHINGTON, Feb. 29, 2024 Fannie Mae's?January 2024 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 Newsroomhttps://www.fanniemae.com/newsroom.

  4. US mortgage rates rise for a fourth-straight week, Freddie Mac says
    Reuters | 12:36 PM EST

    U.S. mortgage rates rose for a fourth-straight week, Freddie Mac reported on Thursday, reaching a two-month high and again becoming a factor impeding traffic among rate-sensitive prospective home buyers. The average rate on a 30-year fixed-rate mortgage ticked up to 6.94% for the week ended Feb. 29 from 6.90% the week prior, the report said.

  5. US mortgage rates rise for a fourth-straight week, Freddie Mac says
    Reuters | 12:30 PM EST

    U.S. mortgage rates rose for a fourth-straight week, Freddie Mac reported on Thursday, reaching a two-month high and again becoming a factor impeding traffic among rate-sensitive prospective home buyers. The average rate on a 30-year fixed-rate mortgage ticked up to 6.94% for the week ended Feb. 29 from 6.90% the week prior, the report said.

  6. Mortgage Rates Increase for the Fourth Consecutive Week
    GlobeNewswire | 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.94 percent. "Mortgage rates continued their ascent this week, reaching a two-month high and flirting with seven percent yet again,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. Expert Panel Upgrades Home Price Growth Outlook, Cites Supply Constraints and Lower Mortgage Rates
    PR Newswire | 08:30 AM EST

    Panel of 100-Plus Experts Expects Mortgage Rates to End 2024 at Median of 6 Percent WASHINGTON, Feb. 29, 2024 A panel of housing experts expects annual national home price growth of 3.8% in 2024 and 3.4% in 2025, according to the Q1 2024 Fannie Mae?Home Price Expectations Survey, produced in partnership with Pulsenomics, LLC.

  8. Greystone and BMO Bank Collaborate on $81 Million Freddie Mac Financing for California Multifamily Property
    GlobeNewswire | 02/28/24 09:08 AM EST

    Greystone, a leading national commercial real estate finance company, has provided an $81,129,000 Freddie Mac Optigo? loan to refinance a 397-unit multifamily property in Jurupa Valley, CA. The financing was originated by Clint Darby and Andrew Remenschneider at Greystone, working in conjunction with BMO Bank. Vernola Marketplace Apartments?is a luxury multifamily property built in 2022.

  9. Federal Home Loan Bank of Atlanta Awards $8 Million for Affordable Housing Development
    GlobeNewswire | 02/28/24 09:00 AM EST

    Federal Home Loan Bank of Atlanta today announced that it has awarded more than $8 million in total funding to 28 affordable housing rental projects through its 2023 Multifamily Housing Bridge Fund.

  10. Regan Capital Launches the Regan Floating Rate MBS ETF (NYSE: MBSF)
    Business Wire | 02/28/24 09:00 AM EST

    Veteran asset-backed securities trader Skyler Weinand launches MBSF, an actively managed exchange-traded fund that invests in floating rate Residential Mortgage-Backed Securities Regan Capital, an investment firm with $1.3 billion in assets under management, today announced the launch of the Regan Floating Rate MBS ETF (MBSF), an actively managed exchange-traded fund that invests primarily in floating...

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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