July 16, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Taking advantage of historic low interest environment, locking in low to control fixed cost.
Rate Desk notes July 16, 2020
- Indices down
- Crude $40.71
- UST yields .61
- SF 30 yr hits record 2.98%
- 223(f) 2.49%
- 221(d)(4) 3.09%
- Fannie 2.78%
- Freddie 3.11%
- Historic low interest environment
- Locking in low
- Fixed expense is only controllable fixed cost
