Rate Desk May 29, 2020

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May 29, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Mortgage markets reawaken and FHA 223(f) moves to the loan of choice for take-out on both market-rate and LIHTC developments.

Rate Desk Notes May 29, 2020
  • S&P up 4% for May
  • Crude $35.22
  • UST yields .65
  • 223(f) 2.48%
  • 221(d)(4) 3.13%
  • Fannie 3.17%
  • Freddie 3.20%
  • Mortgage markets reawaken
  • SF purchase and refi applications spike
  • Is MF next?
  • 223(f) loans new path for borrowers
  • uptick in 223(f) application volume
  • Take-out loan of choice for market-rate and LIHTC