April 2 edition
- US treasury yields hold at 59 bp
- FHA: 12 bp tightening
- HUD considering distributing reserve monies in light of C-19
- HUD now allowing virtual inspection by supervising architect
- 10 year interest rates for Fannie at 3.38% and Freddie at 3.40%
- Principal and interest reserve fund up to 12 months required
- Oil up $4.94 a barrel
PRO take aways
- Crude oil up
- Fixed rates remain low for GSEs and HUD
