August 12, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD/FHA loan refinance options, building customer service increases resident retention.
Rate Desk notes August 12, 2020
- Indices up
- UST yields .67
- Crude $42.56
- 223(f) 2.27%
- 221(d)(4) 2.87%
- Fannie 2.75%
- Freddie 2.95%
- HUD/FHA loans: unprecedented times
- Low rates plus investor pre-pay covers refi costs
- Jobs = paid rents
- Hire local to build customer service
- Happy residents lead to more lease renewals
