Rate Desk April 21, 2020

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Rate Desk April 21 edition
  • All three major indices down
  • Crude oil back up to $9.69
  • UST .58 bp
  • 223(f) 2.62%
  • 221(d)(4) 3.27%
  • Fannie 3.40%
  • Freddie 3.50%
  • Millennial household formation down
  • Renting isn’t a bad thing—flexibility, zero maintenance
  • Market downturns present greatest opportunities
  • Tom Bozzuto has serious concerns about May 1 rent collections
  • Charline Munger knows: no one knows—May rents?
  • Permanent rates are low and lenders are still lending
PRO TAKE AWAYS:
  • Renting isn’t a bad thing
  • The past is prologue
  • Good time to start looking for deals