Federal National Mortgage
Association (FNMA): * FANNIE MAE ANNOUNCES RESULTS OF TENDER OFFER FOR ANY AND ALL OF CERTAIN CAS NOTES Source text: Further company coverage:
The average rate on the popular U.S. 30-year fixed-rate mortgage dropped below 6% this week for the first time in nearly 3-1/2 years, which could help to improve housing affordability. The 30-year fixed mortgage rate averaged 5.98%, the lowest level since September 2022, from 6.01% last week, mortgage finance agency Freddie Mac said on Thursday.
U.S. single-family house price gains slowed in December, but economists believe tight inventory could prevent an outright decline in national home prices. House prices edged up 0.1% after an upwardly revised 0.7% increase in November, ?the Federal Housing Finance Agency said on Tuesday.
U.S. single-family house price gains slowed in December, but economists believe tight inventory could prevent an outright decline in national home prices. House prices edged up 0.1% after an upwardly revised 0.7% increase in November, ?the Federal Housing Finance Agency said on Tuesday.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2025 FINANCIAL RESULTS Source text: Further company coverage:
U.S. single-family house prices accelerated in November, which combined with high mortgage rates could keep potential homeowners on the sidelines even as the Trump administration takes steps to address the issue of housing affordability. House prices increased 0.6% on a month-over-month basis after an unrevised 0.4% ?rise in October, the Federal Housing Finance Agency said on Tuesday.
U.S. single-family house prices accelerated in November, which combined with high mortgage rates could keep potential homeowners on the sidelines even as the Trump administration takes steps to address the issue of housing affordability. House prices increased 0.6% on a month-over-month basis after an unrevised 0.4% rise ?in October, the Federal Housing Finance Agency said on Tuesday.
U.S. mortgage rates fell significantly this week after the Trump administration initiated purchases of mortgage-backed securities to boost housing affordability. The average rate ?on the popular 30-year fixed-rate mortgage declined to 6.06%, ?the lowest level since September 2022, ?from 6.16% last week, mortgage finance ?agency Freddie ?Mac said on Thursday.
U.S. Treasury Secretary Scott Bessent on Friday said the goal of the Trump administration's launch of mortgage-backed securities purchases is to roughly match the rate at which those bonds are rolling off the Federal Reserve's balance sheet.
* Treasury's Bessent: MBS buybacks aim to match Fed's $15 bln monthly roll-off. * Trump orders $200 bln bond purchases to address housing affordability. * Bessent: Buybacks may boost Fannie Mae, Freddie Mac earnings. By David Lawder.
Federal Housing Finance Agency Director Bill Pulte said ?on Friday a $3 ?billion mortgage bond buy ?had been put ?in ?already the day ?after President ?Donald Trump ordered his representatives to ?buy $200 ?billion ?in mortgage bonds to bring down housing costs.
U.S. President Donald Trump's order for Freddie Mac and Fannie Mae to buy $200 billion in mortgage bonds raises doubts about their privatization plans, analysts say. Fannie and Freddie, created by the U.S. Congress ?to support the housing market, have been under government control since their bailout during the ?global financial crisis of 2008.
U.S. President Donald Trump's order for Freddie Mac and Fannie Mae to buy $200 billion in mortgage bonds raises doubts about their privatization plans, analysts say. Fannie and Freddie, created by the U.S. Congress ?to support the housing market, have been under government control since their bailout during the ?global financial crisis of 2008.
The following are the top stories on the New York Times business pages. - U.S. President Donald Trump ?said he had ordered ?Fannie Mae and ?Freddie Mac to buy up to $200 billion ?in mortgage-backed bonds, ?a move aimed at easing home purchases.
* Pulte says Fannie, Freddie have plenty of liquidity for bond purchase. * Affordability a key political issue in Trump's second term. * Pulte declines to give timeline, details on MBS purchases. By Ann Saphir. WASHINGTON, Jan 8 - U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs.
By Ann Saphir. U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs. "Because I chose not to sell Fannie Mae and Freddie Mac in my First Term ... it is now worth many times that amount - AN ABSOLUTE FORTUNE - and has $200 BILLION DOLLARS IN CASH," Trump wrote in a post on Truth Social.
U.S. Federal Housing Finance Agency Director Bill Pulte said Fannie Mae and ?Freddie Mac have "hundreds of ?billions of dollars worth of ?liquidity" with which the ?agencies ?can carry out President Donald ?Trump's directive ?to buy mortgage-backed securities to bolster the housing ?market.
U.S. Federal Housing Finance Agency Director William Pulte ?said on Thursday ?he expects President ?Donald Trump will ?make ?a decision in the ?next month ?or two on whether to ?sell a ?piece ?of the U.S. mortgage agencies Fannie Mae ?and Freddie Mac in an initial public offering.
By Chris Prentice and Marisa Taylor. A mortgage fraud probe of a Democratic congressman began last month after William Pulte, the Republican head of the Federal Housing Finance Agency, referred allegations from a conservative news site to his agency's inspector general for possible criminal investigation, government emails seen by Reuters show.
By Chris Prentice and Marisa Taylor. A mortgage fraud probe of a Democratic congressman began last month after William Pulte, the Republican head of the Federal Housing Finance Agency, referred allegations from a conservative news site to his agency's inspector general for possible criminal investigation, government emails seen by Reuters show.
A mortgage fraud probe of a Democratic congressman began last month after William Pulte, the Republican head of the Federal Housing Finance Agency, referred allegations from a conservative news site to his agency's inspector general for possible criminal investigation, government emails seen by Reuters show.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC PRESIDENT MIKE HUTCHINS TO REMAIN PRESIDENT; FREDDIE MAC NAMES NEW CEO, KENNY M. SMITH Source text: 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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