Rate Desk May 13, 2020

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May 13, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Market impact forecasted for 12 months and cash mitigates uncertainty.

Rate Desk Notes May 13, 2020
  • Indices down
  • Crude up $25.82
  • UST yields .65
  • 223(f) 2.55%
  • 221(d)(4) 3.20%
  • Fannie 3.20%
  • Freddie 3.20-3.35%
  • Recovery timeline
  • NCREIF looking out 12 months
  • Impacts are market and location specific rather than class
  • HUD acquisition loans offer longer, more flexible sale times
  • Cash mitigates uncertainty