Rate Desk May 14, 2020

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May 14, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Setting up for future development with historic refi potential.

Rate Desk Notes May 14, 2020
  • Indices up
  • Crude up $27.68
  • UST yields .62
  • 223(f) 2.50%
  • 221(d)(4) 3.15%
  • Fannie 3.20%
  • Freddie 3.20-3.35%
  • Setting up future development
  • Land acquisitions going strong
  • Long term rates impacted by purchasing
  • Economic uncertainty slow MF refis
  • Eve of historic boom
  • Massive move-outs disqualified
  • Compare portfolio with today’s rates for huge refi potential