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FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 10/04/18

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Company Name: First Trust Motgage Income Fund of Beneficial Interest
Stock Symbol: FMY
Market: NYSE

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FMY - Mortgage rates hold relatively steady: Freddie Mac

U.S. mortgage rates were relatively flat for the week sending Oct. 4, after five weeks of increases, according to Freddie Mac's ( OTCQB:FMCC ) Primary Mortgage Market Survey. More news on: Freddie Mac, UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Ca...

FMY - Fed's Treasury and securities holdings fall below $4T for first time in four years

The U.S. Federal Reserve's portfolio of Treasury and mortgage-backed securities fell to $3.997T as of Wednesday, Reuters says, citing Fed data. More news on: Invesco 1-30 Laddered Treasury Portfolio ETF, iShares Core U.S. Treasury Bond ETF, BlackRock Enhanced Government Fund, News on the...

FMY - U.S. mortgage rates on the rise for a fifth straight week: Freddie Mac

Mortgage rates jumped to the highest level in more than seven years in the past week, according to  Freddie Mac's ( OTCQB:FMCC ) Primary Mortgage Market Survey. More news on: Freddie Mac, UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped...

FMY - U.S. House takes a stab at Fannie-Freddie reform

Ten years after the U.S. government took control over mortgage giants Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ), House Financial Services Chairman Jeb Hensarling introduced a proposal that would essentially close down Fannie and Freddie and shift their roles to private compa...

FMY - U.S. mortgage rates rise 2 basis points this week: Freddie Mac

30-year fixed rate mortgage averages 4.54% for the week ending Sept. 6, 2018, up from 4.52% the previous week, according to Freddie Mac's ( OTCQB:FMCC ) Primary Mortgage Market Survey. More news on: Freddie Mac, UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real...

FMY - U.S. mortgage rates ticks up from last week: Freddie Mac

With the 30-year fixed-rate mortgage rate up only one basis point since last week, U.S.mortgage rates have been relatively flat this summer, a breather that may allow some buyers to get into the market, says Freddie Mac. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, ...

FMY - Mortgage rates fall for third straight week: Freddie

30-year fixed-rate mortgage averaged 4.51% for the week ending Aug. 23, 2018 slips from 4.53% W/W, according to Freddie Mac's ( OTCQB:FMCC ) Primary Mortgage Market Survey. More news on: Freddie Mac, Western Asset Mortgage Defined Opportunity Fund, TCW Strategic Income Fund, Financial stoc...

FMY - U.S. foreclosures increase in July, first time in 36 months, says ATTOM data

A total of 30,187 U.S. properties started the foreclosure process in July, up 1% from June and up less than 1% from a year ago, marking the first Y/Y increase in foreclosure starts in 36 months, says ATTOM Data Solutions. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ET...

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