News Results

  1. Mortgage Rates Pause from their Ascent
    GlobeNewswire | 06/30/22 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 5.70 percent. ?The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an economic recession,? said Sam Khater, Freddie Mac?s Chief Economist.

  2. Freddie Mac Takes Further Action to Help Renters Achieve Homeownership??
    GlobeNewswire | 06/29/22 10:00 AM EDT

    Freddie Mac??announced that it will increase homeownership opportunities for first-time homebuyers by considering on-time rent payments as part of the company?s loan purchase decisions. ?This extremely important initiative will help many renters move closer to achieving the dream of homeownership,? said Michael DeVito, CEO of Freddie Mac.

  3. PHH Mortgage Announces Agreement With Federal Home Loan Bank of Indianapolis to Purchase Mortgage Servicing Rights
    GlobeNewswire | 06/28/22 04:15 PM EDT

    PHH Mortgage, a subsidiary of Ocwen Financial Corporation (OCN) and a leading non-bank mortgage servicer and originator, announced today that it has entered into an agreement with Federal Home Loan Bank of Indianapolis to purchase mortgage servicing rights through its Mortgage Purchase Program.

  4. Freddie Mac Issues Monthly Volume Summary for May 2022
    GlobeNewswire | 06/27/22 04:32 PM EDT

    Freddie Mac today posted to its website its Monthly Volume Summary for May 2022, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  5. Form D/A NHIT: Agency MBS Trust
    EDGAR SEC Filings | 06/23/22 11:40 AM EDT

    http://archive.fast-edgar.com/20220623/AIZ2Q22C5222R2Z2222222Z9KQ9BT2288242 Filed on: June 23, 2022.

  6. Mortgage Rates Continue to Move Up
    GlobeNewswire | 06/23/22 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 5.81 percent. ?Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. Higher Property Prices and Mortgage Rates Offset Record Net Operating Income Growth in Freddie Mac?s First Quarter AIMI
    GlobeNewswire | 06/21/22 12:05 PM EDT

    The Freddie Mac Multifamily?Apartment Investment Market Index?? fell by 5.3% in the first quarter of 2022, with the index down 6.1% compared to the first quarter of 2021.

  8. Home prices soar across New York as mortgage rates continue to climb
    GlobeNewswire | 06/21/22 12:00 PM EDT

    Mortgage rates surged to over five percent in May and home prices continued their upward climb 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 soared from 4.98 percent in April 2022 to 5.23 percent in May 2022.

  9. Freddie Mac Announces Final Results of Tender Offer for Certain STACR Notes
    GlobeNewswire | 06/16/22 02:00 PM EDT

    Freddie Mac today announced the final tender results of its previously announced ?fixed-price cash tender offer for the purchase of any and all of the STACR?? notes listed below. The Company has conducted the Offer in accordance with the conditions set forth in the Offer to Purchase dated June 7, 2022 and related Notice of Guaranteed Delivery dated June 7, 2022.

  10. Mortgage Rates Surge on Inflation Expectations
    GlobeNewswire | 06/16/22 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 5.78 percent. ?Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey since 1987,? 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.

fir_news_results