News Results

  1. Expert Panel Upwardly Revises Home Price Growth Outlook, Still Expects Deceleration in 2025 and 2026
    PR Newswire | 12/05/24 08:30 AM EST

    Panel Also Forecasts Stagnant Home Sales and Only Modestly Lower Mortgage Rates WASHINGTON, Dec. 5, 2024 Following an average expectation for national home price growth of 5.2 percent in 2024, a panel of over 100 housing experts forecasts home price growth to decelerate to 3.8 percent in 2025 and 3.6 percent in 2026, according to the Q4 2024 Fannie Mae?Home Price Expectations Survey, produced i...

  2. Federal Home Loan Bank of Dallas and Stellar Bank Award $85K in Grants to Three Houston-Based Community Organizations
    Business Wire | 12/04/24 03:07 PM EST

    Funds Help Nonprofits Ramp Up Education and Services. The Federal Home Loan Bank of Dallas and Stellar Bank awarded $85,000 in Partnership Grant Program funding to support three Houston, Texas-based community development organizations ? the Community Development Corporation of Freedmens Town, Houston Real Estate Association CDC and Credit Coalition. This press release features multimedia.

  3. Federal Home Loan Bank of Indianapolis allocates nearly $7 million to Rate Advantage mortgage program for low-income homebuyers
    GlobeNewswire | 12/04/24 01:12 PM EST

    Funds incentivize member institutions to originate conventional loans at below-market rates, benefiting hundreds of residents in Indiana and Michigan In response to heavy member demand, the Board of Directors of the Federal Home Loan Bank of Indianapolis recently approved adding $2.7 million to its new Rate Advantage Program, bringing the total program allocation to $6.7 million to make homeown...

  4. Freddie Mac Study Finds Cost Barriers May Prevent Usage of Housing Choice Vouchers
    GlobeNewswire | 12/04/24 10:00 AM EST

    Freddie Mac Multifamily today published the results of an analysis that examined challenges facing low-income renters as they seek to use Housing Choice Vouchers. ?Freddie Mac?s findings demonstrate that voucher usage is generally lower among areas that provide greater access to opportunity,? said Sara Hoffmann, senior director of Multifamily Research at Freddie Mac.

  5. Valon Mortgage Approved as Ginnie Mae Issuer
    Business Wire | 12/03/24 09:00 AM EST

    Valon Mortgage today announced that it has received approval as a Ginnie Mae Issuer, marking a significant milestone in the company?s journey. With its prior approvals from Fannie Mae, Freddie Mac, FHA, VA, and USDA, Valon is now positioned to expand its capabilities and build a comprehensive solution for the entire mortgage market.

  6. KBRA Releases Research ? CMBS Loan Performance Trends: November 2024
    Business Wire | 12/02/24 05:34 PM EST

    KBRA releases a report on U.S. commercial mortgage-backed securities loan performance trends observed in the November 2024 servicer reporting period. In November, CMBS loans totaling $2.1 billion were newly added to the distress rate, of which 51.4% were due to imminent or actual maturity default.

  7. The Federal Home Loan Bank of New York Announces Retirement of President and CEO Jos? R. Gonz?lez; Board Appoints Randolph C. Snook as Successor
    GlobeNewswire | 12/02/24 12:55 PM EST

    The Federal Home Loan Bank of New York announced today that Jos? R. Gonz?lez, president and Chief Executive Officer of the FHLBNY, will retire from the FHLBNY on April 4, 2025, and that Randolph C. Snook, Chief Executive Officer of the FHLBanks Office of Finance, has been named as his successor to the role.

  8. KBRA Assigns Preliminary Ratings to FREMF 2024-K167 and Freddie Mac Structured Pass-Through Certificate Series K-167
    Business Wire | 12/02/24 12:47 PM EST

    KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2024-K167 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-167. The underlying transaction is collateralized by 48 fixed-rate multifamily mortgage loans.

  9. Greystone Consults on $303 Million Freddie Mac Q-Deal Securitization for Webster Bank N.A.
    GlobeNewswire | 12/02/24 11:07 AM EST

    Greystone, a leading national commercial real estate finance company, announced it has assisted Webster Bank N.A. in completing a $303 million Freddie Mac Q-Series securitization. The transaction was led on behalf of Webster Bank by Greystone?s Structured Products Group, including Leena Amin, Senior Managing Director; Greg Darling, Managing Director; and Directors Max Garelick and Scott Fuller.

  10. The 30-Year Fixed-Rate Mortgage Inches Down
    GlobeNewswire | 11/27/24 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.81 percent. ?The 30-year fixed-rate mortgage moved down this week, but not by much,? 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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