Rate Desk Thursday, July 23, 2020

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July 23, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Fannie Mae Green is back with opportunity for savings up to .30bps and conventional lending remains strong.

Rate Desk notes July 23, 2020
  • Indices down
  • UST yields .59
  • Crude $41.11
  • 223(f) 2.33%
  • 221(d)(4) 2.93%
  • Fannie 2.75%
  • Freddie 3.00%
  • Fannie Mae Green is back
  • Must achieve 30% combined savings water/sewer and energy
  • At least 15% from energy
  • Engineering firm audit around $3,500
  • Savings up to .30bps
  • Conventional 65-70% LTC
  • Good markets, strong sponsorship