News Results

  1. BRIEF-Fannie Mae - Conventional Single-Family Serious Delinquency Rate Decreased 7 Basis Points To 0.87% In May
    Reuters | 06/30/22 05:54 PM EDT

    Federal National Mortgage Association (FNMA) : * FANNIE MAE - CONVENTIONAL SINGLE-FAMILY SERIOUS DELINQUENCY RATE DECREASED 7 BASIS POINTS TO 0.87% IN MAY. * FANNIE MAE - MULTIFAMILY SERIOUS DELINQUENCY RATE REMAINED FLAT AT 0.35% IN MAY. * FANNIE MAE - IN MAY 2022, FANNIE MAE ISSUED RESECURITIZATIONS THAT WERE BACKED BY $10.1 BILLION IN FREDDIE MAC SECURITIES.

  2. BRIEF-Fannie Mae Announces Tender Offer For Any And All Of Certain Cas Debt Notes
    Reuters | 06/24/22 09:32 AM EDT

    Federal National Mortgage Association (FNMA) : * FANNIE MAE ANNOUNCES TENDER OFFER FOR ANY AND ALL OF CERTAIN CAS DEBT NOTES. * FANNIE MAE - TENDER OFFERS WILL EXPIRE AT 5:00 PM NEW YORK CITY TIME ON JUNE 30, 2022 UNLESS EXTENDED OR EARLIER TERMINATED Source text for Eikon: Further company coverage:

  3. Rates on U.S. 30-year mortgages see biggest one-week increase since 1987
    Reuters | 06/16/22 04:53 PM EDT

    U.S. housing finance giant Freddie Mac said on Thursday the average contract rate on a 30-year fixed-rate mortgage rose by more than half a percentage point to 5.78%, the greatest one-week jump in 35 years.

  4. Rates on U.S. 30-year mortgages see biggest one-week increase since 1987
    Reuters | 06/16/22 04:42 PM EDT

    U.S. housing finance giant Freddie Mac said on Thursday the average contract rate on a 30-year fixed-rate mortgage rose by more than half a percentage point to 5.78%, the greatest one-week jump in 35 years.

  5. BRIEF-Fannie Mae Executes Credit Insurance Risk Transfer Transaction On $19 Billion Of Single-Family Loans
    Reuters | 06/13/22 02:17 PM EDT

    Federal National Mortgage Association (FNMA) : * FANNIE MAE EXECUTES CREDIT INSURANCE RISK TRANSFER TRANSACTION ON $19 BILLION OF SINGLE-FAMILY LOANS Source text for Eikon: Further company coverage:

  6. BRIEF-Freddie Mac Says 30-Year Fixed-Rate Mortgage (Frm) Averaged 5.23 Percent
    Reuters | 06/09/22 10:51 AM EDT

    Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC - 30-YEAR FIXED-RATE MORTGAGE AVERAGED 5.23 PERCENT. * FREDDIE MAC - HOUSING MARKET IS INCREDIBLY RATE-SENSITIVE, SO AS MORTGAGE RATES INCREASE SUDDENLY, DEMAND AGAIN IS PULLING BACK Source text for Eikon: Further company coverage:

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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