Rate Desk April 22, 2020

77

Rate Desk Notes: April 22, 2020
  • Three major indices are up
  • Crude oil rallies up to $14 a barrel
  • UST .62 bp
  • 223(f) 2.65%
  • 221(d)(4) 3.30%
  • Fannie 3.25%
  • Freddie 3.50%
  • Fannie/Freddie to buy qualified SFR loans in forbearance
  • Must close May 31
  • Cash-out REFIs not eligible
  • Investors buying taxable GNMA (HUD/FHA loans)
  • De-urbanization
  • Suburban MF growth
  • Walkability of amenities
  • C19 changing things