December 9, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Consumer spending is up and rates are low. Lock it in.
Rate Desk notes December 9, 2020
- Indices down
- Crude $45.46
- UST yields .93
- 223(f) 2.31%
- 221(d)(4) 2.91%
- Fannie 2.97%
- Freddie 3.48%
- Consumer spending up
- Inclusive Capitalism
- Smaller market cap rates in 5% range
- Interest rates go up, cap rates go down
- HUD COVID escrow 9 months mandatory, 12 months discretionary
- Fannie small balance reduced P&I to 12 months
