Content and data provided by various third parties and Fidelity - Terms of Use

News Results

Login for exclusive news sources
  1. US 30-year fixed-rate mortgage falls to 6.09%
    Reuters | 09/19/24 12:32 PM EDT

    U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the Federal Reserve cut interest rates for the first time since 2020. The average rate on the popular 30-year fixed-rate mortgage fell to 6.09%, the lowest since February 2023, from 6.20% last week, mortgage finance agency Freddie Mac said on Thursday.

  2. US 30-year fixed-rate mortgage falls to 6.09%
    Reuters | 09/19/24 12:28 PM EDT

    U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the Federal Reserve cut interest rates for the first time since 2020. The average rate on the popular 30-year fixed-rate mortgage fell to 6.09%, the lowest since February 2023, from 6.20% last week, mortgage finance agency Freddie Mac said in a statement on Thursday.

  3. BRIEF-Fannie Mae Prices $708 Mln Connecticut Avenue Securities Remic Deal
    Reuters | 09/17/24 04:22 PM EDT

    Federal National Mortgage Association (FNMA): * FANNIE MAE PRICES $708 MILLION CONNECTICUT AVENUE SECURITIES REMIC DEAL Source text for Eikon: Further company coverage:

  4. Trump allies are working on plans to privatize Fannie and Freddie, WSJ reports
    Reuters | 09/13/24 12:35 AM EDT

    - Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U.S. government control of the mortgage-finance firms Fannie Mae and Freddie Mac if he wins the election, the Wall Street Journal reported on Thursday.

  5. Trump allies are working on plans to privatize Fannie and Freddie, WSJ reports
    Reuters | 09/13/24 12:28 AM EDT

    Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U.S. government control of the mortgage-finance firms Fannie Mae and Freddie Mac if he wins the election, the Wall Street Journal reported on Thursday.

  6. Navient accepts US student loan ban, pays $120 million in CFPB settlement
    Reuters | 09/12/24 09:31 AM EDT

    A U.S. regulator on Thursday banned Navient (NAVI) from servicing federal student loans, excluding the company once known as Sallie Mae from a market it once led, and ordered it to pay $120 million for years of student lending failures.

  7. Navient accepts US student loan ban, pays $120 million in CFPB settlement
    Reuters | 09/12/24 08:58 AM EDT

    -A U.S. regulator on Thursday banned Navient (NAVI) from servicing federal student loans, excluding the company once known as Sallie Mae from a market it once led, and ordered it to pay $120 million for years of student lending failures.

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.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_results