Rate Desk May 29, 2020

365

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