Rate Desk June 1, 2020

116

June 1, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Housing is central issue in economic disparity and a mutually beneficial carrot drives more investment dollars.

Rate Desk notes June 1, 2020
  • Indices up
  • Crude $35.64
  • UST yields .66
  • 223(f) 2.48%
  • 221(d)(4) 3.13%
  • Fannie 3.18%
  • Freddie 3.20%
  • Housing and economic success
  • Carrot or stick?
  • LIHTC $8 billion per year to develop and rehabilitate affordable housing
  • Work-force mezzanine loan
  • Program didn’t pencil and was cancelled after 6 months
  • Refocus on new carrot
  • Housing is central issue to disparity
  • Mutually beneficial carrot drives more investment dollars