June 18, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Price compression for MF developers and incredibly low interest rates, the financing is right and it’s time to build.
Rate Desk notes June 18, 2020
- Dow down, S&P, NASDAQ up
- Crude $39.10
- UST yields .71
- 223(f) 2.33%
- 221(d)(4) 3.125%
- Fannie 2.90%
- Freddie 3.06%
- Back in the office
- 40% want to keep working from home
- Commercial construction
- Price compression for MF developers
- Historically low interest rates
