Rate Desk April 8, 2020

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April 8 edition
  • DJIA up—23K
  • UST .74 bp
  • Congress to add $250 billion to PPP SBA program
  • FHA rates- 223(f) 2.59%
  • 221(d)(4) 3.60%
  • GSE’s flat today, reaching normal
  • Fannie 3.36%
  • Freddie 3.44%
  • Document financial hardship due to COVID-19
  • Track move-outs: Why are they moving?
  • Leasing through virtual online tours and application completion
  • Boon to suburban MF development following this?
  • Saw prior movement due to saturation in urban core
  • De-urbanization? Millennials with kids?