News Results

  1. Mortgage Rates Remain Near 2025 Lows
    GlobeNewswire | 12/11/25 12:01 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.22%. ?The average 30-year fixed-rate mortgage is well below the year-to-date average of 6.62%, providing some sense of balance to the housing market,? said Sam Khater, Freddie Mac?s Chief Economist.

  2. Red River Bank and Federal Home Loan Bank of Dallas Celebrate $12M in Grants for Affordable Housing, Disaster Recovery and Economic Development
    Business Wire | 12/10/25 04:24 PM EST

    Banks Celebrate Decades-Long Relationship with Multicity Event. The Federal Home Loan Bank of Dallas and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana. This press release features multimedia.

  3. Federal Home Loan Bank of Dallas Awards More Than $4.3M in Grants to Address Heirs? Property Issues
    Business Wire | 12/10/25 03:10 PM EST

    FHLB Dallas Pathway Fund Helps Organizations Prevent or Remediate Property Title Issues. The Federal Home Loan Bank of Dallas has awarded more than $4.3 million in Pathway Fund grants to assist 42 organizations with preventing or remediating heirs? property issues, such as resolving issues with a property title or establishing a will.

  4. Housing Affordability to Improve in 2026 Amid Lower Rates, Slow Price Growth, Realtor.com Says
    MT Newswires | 12/10/25 01:27 PM EST

    Affordability in the US housing market is expected to improve next year amid lower mortgage rates and muted price growth, News Corp's Realtor.com said in a report on Wednesday. The 30-year fixed mortgage rate in the US was 6.19% as of Dec. 4, compared with 7.04% in mid-January, Freddie Mac data showed.

  5. Fifth Third to Acquire Fannie Mae DUS Business Line; Expanding Multifamily Financing Capabilities
    Business Wire | 12/09/25 04:10 PM EST

    Fifth Third Bancorp (FITB) today announced a strategic acquisition that will enhance its ability to finance multifamily housing across the United States.

  6. Mechanics Bank Agrees to Sell Fannie Mae Delegated Underwriting and Servicing Business Line to Fifth Third
    Business Wire | 12/09/25 04:10 PM EST

    Mechanics Bancorp (MCHB) announced today that its subsidiary Mechanics Bank has entered into a definitive agreement to sell its Fannie Mae Delegated Underwriting and Servicing business line to Fifth Third Bancorp (FITB) in an all-cash transaction.

  7. Greystone Consults on $288 Million CMBS Securitization for Cross River Bank
    GlobeNewswire | 12/09/25 11:00 AM EST

    Greystone, a leading national commercial real estate finance company, announced that it has assisted Cross River Bank in completing a $288 million non-agency CMBS securitization, backed by 59 loans secured by 67 properties across four states, and rated by Moody?s and Morningstar DBRS.

  8. FHLBank Chicago Invests $2.5 Million to Expand Housing Counseling Across Wisconsin
    Business Wire | 12/09/25 07:04 AM EST

    Community First? Housing Counseling Resource Program partners with WHEDA to enhance statewide housing counseling availability The Federal Home Loan Bank of Chicago has awarded $2.5 million to the Wisconsin Housing and Economic Development Authority for 2025 through its Community First? Housing Counseling Resource Program. This press release features multimedia.

  9. 'Big Short' investor Burry says he owns Fannie, Freddie and sees upside from potential IPOs
    Reuters | 12/08/25 06:13 PM EST

    Investor Michael Burry, known for "The Big Short," said on Monday he owns sizable positions in Fannie Mae and Freddie Mac and expects them to rise materially if the U.S. mortgage finance giants are taken public again through initial public offerings.

  10. 'Big Short' investor Burry says he owns Fannie, Freddie and sees upside from potential IPOs
    Reuters | 12/08/25 06:08 PM EST

    Investor Michael Burry, known for "The Big Short," said on Monday he owns sizable positions in Fannie Mae and Freddie Mac and expects them to rise materially if the U.S. mortgage finance giants are taken public again through initial public offerings.

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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