FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 03/14/21

One of the trends expected to come out of the pandemic is that more people will continue to work from home even after most people are vaccinated and COVID-19 is brought under control.That trend can have a significant impact on property values and on the securities that finance them, according...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on March 15, 2021, to shareholders of record as of March 2, 2021. The ex-dividend date is expected to b...

For the most part, the economy appears to be recovering from the pandemic's jolt last year, even though the pace of recovery has been slowing.Still the Federal Reserve points to some concerns in its semi-annual report to Congress. One such area is commercial real estate values."Commercial rea...

Most investors consider day-to-day movements in their market values as the best measure for assessing risk of their positions. For CEF investors who are more concerned with income and capital preservation. So, we introduce some metrics to assess the yield being generated to the ri...

30-year fixed-rate mortgage averages 2.66% for the week ending Dec. 24, down from 2.67% in the prior week and 3.74% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey."The housing market is poised to finish the year strong as low mortgage rates continue ...

As the pandemic spread in 2020, thousands of U.S. stores, restaurants, and gyms closed temporarily or permanently, hotel rooms went unused, and office workers stayed at home. That put pressure on landlords to stay current on mortgages with many tenants unable to make rent.With ~$430B in comme...

30-year fixed rate mortgage averages 2.72% for the week ending Nov. 19, 2020, its lowest level in the Freddie Mac Primary Mortgage Market Survey's history dating back to 1971.Compares with 2.84% in prior week and 3.66% at this time a year ago."Weaker consumer spending data, which accounts for...

30-year fixed-rate mortgage averages 2.84% for the week ending Nov. 12, 2020 vs. 2.78% in the prior week and 3.75% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey.The mortgage rate increase follows positive data coming out of a COVID-19 vaccine candidate t...

Rate lock data suggest mortgage originations will easily exceed $4T this year, the highest level ever, according to Black Knight's latest Mortgage Monitor report.Through the first half of October, overall lock activity was up 4% M/M, with purchase locks up by 6% and refinance locks up 3% so f...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on November 16, 2020, to shareholders of record as of November 3, 2020. The ex-dividend date is expecte...