May 8, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. May rents exceed expectations and rental housing continues to prove a solid investment.
Rate Desk May 8 notes:
- Indices up
- Crude oil $23.94
- UST yields .66
- Zillow hits record cash balance
- 223(f) 2.50%
- 221(d)(4) 3.15%
- Fannie 3.15%
- Freddie 3.20-3.35%
- Ginnie Mae issued P&I relief
- Over 80% May rents made
- Rental housing solid investment
