News Results

  1. Geode Finance Secures $3M in Seed Funding Round Led by Multicoin Capital, to Provide DAOs With the Ultimate White Label Liquid Staking Solution
    GlobeNewswire | 06/07/22 09:00 AM EDT

    Today, Geode Finance, a novel white label liquid staking solution for DAOs, announced a $3M investment in a seed funding round led by Multicoin Capital, a leading digital asset investment firm headquartered in Austin, Texas. ?Geode is building trustless white-label staking pools and derivatives products that provide granular control over delegation mechanics within proof-of-stake networks.

  2. Mortgage Rates Exceed Five Percent
    GlobeNewswire | 04/21/22 10:00 AM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 5.11 percent. ?Mortgage rates increased for the seventh consecutive week, as Treasury yields continued to rise,? said Sam Khater, Freddie Mac?s Chief Economist.

  3. Mortgage Rates Rise
    GlobeNewswire | 03/10/22 10:00 AM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 3.85 percent. ?Following two weeks of declines, mortgage rates rose this week as U.S. Treasury yields increased,? said Sam Khater, Freddie Mac?s Chief Economist.

  4. Mortgage Rates Fall
    GlobeNewswire | 03/03/22 10:00 AM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 3.76 percent. ?Geopolitical tensions caused U.S. Treasury yields to recede this week as investors moved to the safety of bonds, leading to a drop in mortgage rates,? said Sam Khater, Freddie Mac?s Chief Economist.

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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