Rate Desk Monday, July 20, 2020

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July 20, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Markets are up, new stimulus in the works, and July forbearance falls for fifth straight week.

Rate Desk notes July 20, 2020
  • Indices up
  • UST yields .62
  • Crude $40.70
  • 223(f) 2.39%
  • 221(d)(4) 3.04%
  • Fannie 2.75%
  • Freddie 3.00%
  • CARES Act stimulus days away from voting
  • $1 trillion: jobs, kids, vaccine
  • NLIHC: Tuesday, July 21 is Virtual Lobby Day
  • Lobbying for $100 billion in emergency rental assistance Program
  • Forbearance expiration
  • MBA SFR July forbearance falls for fifth straight week
  • Back-to-work training