News Results

  1. Halcyon Software Unveils Innovative Solution Integrated with Freddie Mac Loan Product Advisor AIM
    PR Newswire | 12/08/23 12:51 PM EST

    RED BANK, N.J., Dec. 8, 2023 Halcyon?Software, a prominent player in the financial technology sector, is excited to announce the launch of its cutting-edge Tax Transcript Income Verification product, engineered to seamlessly integrate with Freddie Mac Loan Product Advisor? asset and income modeler.

  2. US mortgage rates fall to nearly 4-month low - Freddie Mac
    Reuters | 12/07/23 12:12 PM EST

    - Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of a bond market rally that has driven down yields on the securities used to set mortgage costs, data out Thursday showed.

  3. Nearing Seven Percent, Mortgage Rates Continue to Decrease
    GlobeNewswire | 12/07/23 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey? , showing the 30-year fixed-rate mortgage averaged 7.03 percent. ?The 30-year fixed-rate mortgage averaged near 7 percent this week, down from nearly 7.80 percent just six weeks ago,? said Sam Khater, Freddie Mac?s Chief Economist.

  4. Housing Sentiment Remains Stuck in Low-Level Plateau
    PR Newswire | 12/07/23 08:30 AM EST

    Only 14% of Consumers Believe It's a Good Time to Buy a Home, a New Survey Low WASHINGTON, Dec. 7, 2023 The Fannie Mae Home Purchase Sentiment Index? decreased 0.6 points in November, remaining within the bounds of the low-level plateau it established in the first half of 2023.

  5. KBRA Releases Monthly CMBS Trend Watch
    Business Wire | 12/05/23 12:49 PM EST

    KBRA releases the November 2023 issue of CMBS Trend Watch. Four conduits priced in November?a milestone event. We are hopeful the market?s growing conviction that the Federal Reserve will cut interest rates in 1H 2024 is a harbinger of a better year. In November, KBRA published pre-sales for five deals including four conduits and one Agency.

  6. Freddie Mac Announces Action to Make Down Payment Assistance Programs More Accessible for Individuals and Families Across the Nation
    GlobeNewswire | 12/04/23 01:00 PM EST

    Freddie Mac??today announced new, standardized mortgage documents that increase clarity, consistency and accessibility of down payment assistance programs nationwide. ?Saving for a down payment continues to be the largest barrier to homeownership for lower-income and first-time homebuyers,? said Danny Gardner, Single-Family Senior Vice President of Mission and Community Engagement at Freddie Mac.

  7. New, Streamlined FAFSA? Available Dec. 31: What Families Should Do Now to Get Prepared and Why Filing As Soon As Possible Is So Important
    Business Wire | 12/04/23 10:05 AM EST

    Almost 30% of College-Going Families Skipped The FAFSA? Last Year, Potentially Missing Out on Grants, Scholarships, and Federal Financial Aid Sallie Mae Introduces Free, Step-by-Step Guide to Help More Families Complete the FAFSA?. NEWARK, Del.

  8. Affordable Housing Grants Strengthen Communities with Over $33 Million Awarded from Federal Home Loan Bank of Chicago
    Business Wire | 12/04/23 10:00 AM EST

    The Federal Home Loan Bank of Chicago today announced that it has awarded more than $33 million to help finance 44 housing projects and developments across Illinois and Wisconsin through its Affordable Housing Program General Fund. This press release features multimedia. ?Economic pressures, like rising interest rates and material costs, provide significant challenges for development.

    PR Newswire | 11/30/23 05:50 PM EST

    Lameier, Welty, Diaz and Stivers elected to four-year terms; Rogers rejoins Board;Vance re-elected vice chair CINCINNATI, Nov. 30, 2023 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati's Board of Directors announced the results of the FHLB's 2023 director elections.

  10. Mortgage Rates Decline For Fifth Week In A Row: 'Encouraging Development For Potential Homebuyers'
    Benzinga | 11/30/23 03:15 PM EST

    Potential homebuyers found further relief on Thursday after mortgage rates fell in the U.S. for the fifth consecutive week. The average rate for a 30-year loan fell to 7.22%, down from 7.29% last week, said Freddie Mac, the mortgage-backed securities broker. Although conditions for buyers appear to be easing, 30-year mortgage rates remain close to their peaks.

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.