May 5, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD requirements, a post COVID-19 world and a shift toward rental housing.
Rate Desk May 5, 2020 notes:
- Indices up
- Crude oil $25.28
- UST yields up .66
- 223(f) 2.60%
- 221(d)(4) 3.25%
- Fannie 3.15-3.20%
- Freddie 3.40%
- HUD will require key COVID-19 updates
- New market study/appraisal report not required
- Household growth post COVID-19?
- Analysts predict shift toward rental housing