News Results

  1. Freddie Mac Appoints Matthew Abrusci General Counsel
    GlobeNewswire | 09/22/25 10:06 AM EDT

    Freddie Mac today announced that Matthew D. Abrusci has joined the company as EVP, General Counsel and Corporate Secretary, effective today. ?Matthew Abrusci brings deep experience across the legal spectrum, and I have no doubt he will quickly become a valued member of Freddie Mac?s executive team,? said Mike Hutchins, president and interim CEO of Freddie Mac.

  2. Christopher Martin Elected Chair of Federal Home Loan Bank of New York
    GlobeNewswire | 09/18/25 12:46 PM EDT

    The Federal Home Loan Bank of New York announced today that Christopher Martin has been elected by its Board of Directors to serve as Board chair for a two-year term that will commence on January 1, 2026. ?As a community banker, I know the positive impact access to reliable Federal Home Loan Bank funding has for local lenders and the customers and communities we serve,? said Mr. Martin.

  3. Mortgage Rates Continue to Move Down
    GlobeNewswire | 09/18/25 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.26%. ?Mortgage rates decreased yet again this week, prompting many homeowners to refinance. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.

  4. CAI and CHLA Urge Presidential Emergency Housing Declaration Expanding FHA Condo Loan Flexibility
    GlobeNewswire | 09/17/25 09:30 AM EDT

    Community Associations Institute, the leading international authority supporting condominium associations, homeowners associations, and housing cooperatives, is urging the Trump administration to expand Federal Housing Administration loan flexibility for condominiums in collaboration with the Community Home Lenders of America.

  5. Federal Home Loan Bank of New York Announces $5 Million in Small Business Grant Funding
    GlobeNewswire | 09/16/25 12:49 PM EDT

    The Federal Home Loan Bank of New York has launched the 2025 Round of its Small Business Recovery Grant Program with $5 million in grant funding available to local small businesses, farms and non-profits through the FHLBNY?s members.

  6. Greystone Provides $31.28 Million Financing Package for Multifamily Property in Indiana
    GlobeNewswire | 09/15/25 11:35 AM EDT

    Greystone, a leading national commercial real estate finance company, has provided a $26,320,000 Freddie Mac loan to finance the acquisition of Tiberon Trails apartments, a multifamily property in Merrillville, Indiana.

  7. Federal Home Loan Bank of Atlanta Commits $11.7 Million to Multifamily Affordable Housing Projects
    GlobeNewswire | 09/15/25 11:14 AM EDT

    Federal Home Loan Bank of Atlanta is committing $11.7 million in grant funding to support the development of affordable multifamily rental housing across its district.

  8. Mortgage Rates Drop
    GlobeNewswire | 09/11/25 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.35%. ?The 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year,? said Sam Khater, Freddie Mac?s Chief Economist.

  9. Thousands of Jobs Supported Through $8 Million in FHLBank San Francisco Economic Development Grants
    GlobeNewswire | 09/10/25 01:34 PM EDT

    The Federal Home Loan Bank of San Francisco announced today that it has awarded $8 million in economic development grants under the Access to Housing?and Economic Assistance for?Development program.

  10. TransUnion Report Finds More Consumers Likely Self-Reporting Rent Payments in 2025
    GlobeNewswire | 09/10/25 08:00 AM EDT

    The number of consumers whose rent payments are reported to credit reporting agencies rose to 13% in 2025, up from 11% in 2024, according to a new TransUnion (TRU) report. In July 2025, the director of the FHFA issued an order mandating that Fannie Mae and Freddie Mac accept VantageScore 4.0 credit scores for mortgage underwriting.

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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