News Results

  1. Mortgage Rates Stay Flat
    GlobeNewswire | 09/02/21 10:00 AM EDT

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 2.87 percent. ?Economic growth and the acceleration in inflation have moderated in the last month, giving the markets comfort and leading to a stabilization in mortgage rates,? said Sam Khater, Freddie Mac?s Chief Economist.

  2. Low-Income Housing Investments Ramping Up at Freddie Mac as FHFA Increases LIHTC Equity Cap to $850 Million
    GlobeNewswire | 09/01/21 08:30 AM EDT

    Freddie Mac (FMCC) will begin ramping up its Low-Income Housing Tax Credit equity investments, which support affordable housing throughout the United States. ?Freddie Mac (FMCC) has built a robust LIHTC Equity investment program, with more than 120 investments in 26 states and Puerto Rico and Guam since 2018,? said Debby Jenkins, executive vice president and head of multifamily for Freddie Mac.

  3. FHLBank San Francisco Releases July 2021 Cost of Funds Index
    GlobeNewswire | 08/31/21 06:41 PM EDT

    The Federal Home Loan Bank of San Francisco announced August 31, 2021, that the 11th District Monthly Weighted Average Cost of Funds Index for July 2021 is 0.263%. The index for June 2021 was 0.282%. As previously announced, the Bank will no longer calculate the COFI after the publication of the December 2021 index on January 31, 2022, because of the significant decline in the number of financi...

  4. Freddie Mac Issues Monthly Volume Summary for July 2021
    GlobeNewswire | 08/31/21 04:33 PM EDT

    Freddie Mac (FMCC) today posted to its website its Monthly Volume Summary for July 2021, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac (FMCC) makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  5. Freddie Mac Confirms Immediate Mortgage Relief Options for Homeowners Affected by Hurricane Ida
    GlobeNewswire | 08/30/21 10:13 AM EDT

    Freddie Mac (FMCC) today reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by Hurricane Ida along the northern Gulf Coast states. ?The priority for everyone is to focus on their safety,? said Bill Maguire, Freddie Mac?s Vice President of Single-Family Servicing Portfolio Management.

  6. Greystone Provides $22 Million Loan for Indiana Multifamily Acquisition
    GlobeNewswire | 08/27/21 11:30 AM EDT

    Greystone, a leading national commercial real estate finance company, has provided a $22 million Fannie Mae Delegated Underwriting and Servicing loan to acquire a 324-unit multifamily property in Indianapolis, Indiana. The $21,996,000 Fannie Mae loan carries a 12-year term and 30-year amortization, along with a low, fixed rate and five years of interest-only payments.

  7. Greystone Provides $51 Million in Fannie Mae DUS? Financing for a Multifamily Property in Tampa, Florida
    GlobeNewswire | 08/26/21 10:58 AM EDT

    Greystone, a leading national commercial real estate finance company, has provided a $51,470,000 Fannie Mae Delegated Underwriting and Servicing loan to refinance a multifamily property in Tampa, Florida. The non-recourse $51,470,000 Fannie Mae loan carries a 12-year term, a fixed interest rate, five years of interest-only payments, and a 30-year amortization period.

  8. Mortgage Rates Generally Hold Steady
    GlobeNewswire | 08/26/21 10:00 AM EDT

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.87 percent. ?The tug-of-war between the economic recovery and rising COVID-19 cases has left mortgage rates moving sideways over the last few weeks,? said Sam Khater, Freddie Mac?s Chief Economist.

  9. Mortgage Rates Show Little Movement
    GlobeNewswire | 08/19/21 10:00 AM EDT

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.86 percent. ?Mortgage rates stayed relatively flat this week,? said Sam Khater, Freddie Mac?s Chief Economist.

  10. Freddie Mac Prices $799 Million Multifamily K-Deal, K-F119
    GlobeNewswire | 08/18/21 10:40 AM EDT

    Freddie Mac (FMCC) has priced a new offering of Structured Pass-Through Certificates, which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate. K-F119 Pricing Details Related Links The K-F119 Certificates will not be rated and will include one senior principal and interest class and one interest-only class that is also entitled to static prepayment premiums.

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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