News Results

  1. Mortgage rates increase, inventory decreases in April
    GlobeNewswire | 05/19/22 12:00 PM EDT

    Mortgage rates in April averaged their highest level since 2010, while inventory of houses continued to decrease across the Empire State,?according to the housing report released today by the New York State Association of REALTORS?.? According to Freddie Mac, the monthly average on a 30-year fixed-rate mortgage rose from 4.17 percent in March 2022 to 4.95 percent in April 2022.

  2. Mortgage Rates Decrease Slightly
    GlobeNewswire | 05/19/22 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 5.25 percent. "Economic uncertainty is causing mortgage rate volatility,? said Sam Khater, Freddie Mac?s Chief Economist.

  3. Greystone Provides $17 Million Fannie Mae Loan for Kentucky Multifamily Property
    GlobeNewswire | 05/18/22 09:05 AM EDT

    Greystone, a leading national commercial real estate finance company, has provided a $16,970,000 Fannie Mae Delegated Underwriting Services loan to refinance a 258-unit multifamily property in Hopkinsville, KY. The transaction was originated by Lorie Hanson, Managing Director at Greystone.

  4. BRIEF-Fannie Mae Priced $720 Million Multifamily Dus Remic (Fna 2022-M10) Under Its Gems Program
    Reuters | 05/17/22 02:56 PM EDT

    Federal National Mortgage Association (FNMA) : * FANNIE MAE PRICED $720 MILLION MULTIFAMILY DUS REMIC UNDER ITS GEMS PROGRAM Source text for Eikon: Further company coverage:

  5. Fannie Mae Priced $720 Million Multifamily DUS REMIC (FNA 2022-M10) Under Its GeMS Program
    PR Newswire | 05/17/22 01:15 PM EDT

    WASHINGTON, May 17, 2022 Fannie Mae priced a $720 million Multifamily DUS? REMIC under its Fannie Mae Guaranteed Multifamily Structures program on May 11, 2022. FNA 2022-M10 marks the fifth Fannie Mae GeMS issuance of 2022.

  6. Fannie Mae Issues $5 Million 'Innovation Challenge' to Help Advance Racial Equity in Housing
    PR Newswire | 05/16/22 08:30 AM EDT

    Fannie Mae Now Accepting Proposals for Innovative, Scalable Ideas that Address Barriers in the Home Rental and Buying Experience WASHINGTON, May 16, 2022 /PRNewswire/ -- Fannie Mae today announced the launch of its 2022 Sustainable Communities Innovation Challenge, the company's second such initiative, committing $5 million to attract innovative ideas that will help advance racial equity in hou...

  7. Home Bank and FHLB Dallas to Help Fund Revival of Historic Louisiana Property
    Business Wire | 05/13/22 10:07 AM EDT

    Banks Provide a $750K Subsidy to Transform Franklin Foundation Hospital into Senior Living Home Bank and the Federal Home Loan Bank of Dallas awarded a $750,000 Affordable Housing Program subsidy to New Orleans Restoration Properties to help renovate the former Franklin Foundation Hospital into a $25.7 million affordable senior living community in Franklin, Louisiana.

    PR Newswire | 05/12/22 12:47 PM EDT

    NEW YORK, May 12, 2022 The Federal Home Loan Bank of New York is pleased to announce that, on May 12, 2022, its Board of Directors approved a dividend for the first quarter of 2022 of 4.75%. The dollar amount of the dividend will be approximately $52.9 million. The cash dividend will be distributed to member financial institutions on May 13, 2022.

  9. Freddie Mac Multifamily K-Deals Surpass Half-Trillion Mark
    GlobeNewswire | 05/12/22 12:00 PM EDT

    Freddie Mac K-Deal? securitization issuance volume today surpassed the $500 billion mark with the settlement of K-F135. ?The K-Deal has been key to Freddie Mac Multifamily?s growth for more than a decade,? said Robert Koontz, senior vice president of Freddie Mac Multifamily Capital Markets. Since 2009, Freddie Mac has settled 485 separate K-Deals totaling $500.5 billion in issuance volume.

  10. Fannie Mae Announces Sale of Non-Performing Loans
    PR Newswire | 05/12/22 10:00 AM EDT

    NPL 2022-1 Includes the Company's Nineteenth Community Impact Pool Offering WASHINGTON, May 12, 2022 ?Fannie Mae today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's nineteenth Community Impact Pool.

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.