Rate Desk May 8, 2020

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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