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
