News Results

  1. Media Advisory: Federal Housing Finance Agency Director Sandra Thompson Visits Affordable Apartment Complex in Dallas
    Business Wire | 06/21/24 11:43 AM EDT

    ***12:20 p.m., Tuesday, June 25, 5723 Sadler Circle, Dallas, Texas, 75235*** Federal Housing Finance Agency Director Sandra Thompson will join officials from the Federal Home Loan Bank of Dallas to tour Oak Lawn Place, a new affordable housing development serving the aging LGBTQIA+ population in Dallas, Texas. Director Thompson will be available for media interviews following the tour.

  2. Unaffordability Expected to Remain Primary Constraint on Home Sales
    PR Newswire | 06/21/24 08:30 AM EDT

    Rise in Listings Likely Means Many Homeowners No Longer Willing to Delay Moving WASHINGTON, June 21, 2024 Affordability constraints continue to limit the number of buyers willing and able to make home purchases, even as listings of for-sale homes rise, according to the June 2024 commentary from the Fannie Mae?Economic and Strategic Research Group.

  3. Mortgage Rates Fall For Third Straight Week With Signs Of Lower Inflation, Fed Rates
    Benzinga | 06/20/24 04:12 PM EDT

    Mortgage rates have declined for the third consecutive week following signs of cooling inflation and lower interest rates from the Federal Reserve, according to Freddie Mac . The 30-year fixed mortgage rate averaged 6.87% as of Thursday, down from last week?s average of 6.95%. A year ago, the rate registered an average of 6.67%, Freddie Mac?s Primary Mortgage Survey showed.

  4. Mortgage Rates Move Lower
    GlobeNewswire | 06/20/24 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.87 percent. ?Mortgage rates fell for the third straight week following signs of cooling inflation and market expectations of a future Fed rate cut,? said Sam Khater, Freddie Mac?s Chief Economist.

  5. Expanding Housing Access and Strengthening Communities: FHLBank Chicago Launches Impact Report
    Business Wire | 06/18/24 11:00 AM EDT

    New report showcases last year?s contributions to affordable housing and community development in Illinois and Wisconsin The Federal Home Loan Bank of Chicago released its 2023 Impact Report: Investing in Opportunities today, providing a comprehensive look at the Bank?s support for its financial institution members and their communities across Illinois and Wisconsin throughout last year.

  6. William Iacobucci Joins Greystone as Senior Director, Real Estate Lending
    GlobeNewswire | 06/18/24 09:30 AM EDT

    Greystone, a leading national commercial real estate finance company, announced that William ?Bill? Iacobucci has joined the firm as a Senior Director, Real Estate Lending.

  7. RiskSpan Launches MBS Loan Level Historical Data on Snowflake Marketplace
    PR Newswire | 06/18/24 07:00 AM EDT

    ARLINGTON, Va., June 18, 2024 RiskSpan, a leading provider of data analytics and risk management solutions for the mortgage industry, announced today that it has launched MBS Loan Level Historical Data?on Snowflake Marketplace.

  8. BankPlus and FHLB Dallas Provide $65K for Clothing Boutique Purchase
    Business Wire | 06/17/24 03:12 PM EDT

    Small Business Boost Loan Helps Mississippi Couple Buy Business. A $65,000 Small Business Boost loan from the Federal Home Loan Bank of Dallas, through FHLB Dallas member BankPlus, helped a Mississippi couple complete the purchase of a clothing boutique and hire two part-time employees. This press release features multimedia.

  9. Freddie Mac Multifamily to Offer Social Bonds Issuance Supporting Housing for Individuals with Intellectual and Developmental Disabilities
    GlobeNewswire | 06/17/24 08:30 AM EDT

    Freddie Mac Multifamily today announced that it will soon go to market with the issuance of $186 million in Social Bonds supporting 641 rental homes for individuals with intellectual and developmental disabilities across 26 states.

  10. Mortgage Rates Fall For Second Straight Week In Response to Positive Economic Data
    Benzinga | 06/14/24 04:31 PM EDT

    Mortgage rates dropped for a second consecutive week as inflation continued to ease. The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac?s latest Primary Mortgage Market Survey, Fox Business reported. That is down from an average of 6.99% during the prior week, but up from 6.69% a year ago.

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.