Rate Desk May 5, 2020

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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