June 26, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. During uncertain markets, have a business plan and stick to the fundamentals.
Rate Desk notes June 26, 2020
- Indices down on COVID-concerns for reopening
- Crude $38.16
- UST yields .64
- 223(f) 2.44%
- 221(d)(4) 3.09%
- Fannie 2.95%
- Freddie 3.06%
- Spreads widen in falling UST market
- LIHTC equity buyers hesitant to bid on new opportunities
- Strong June rent collections
- Stick to the fundamentals
- Have a solid business plan
