Rate Desk Wednesday, December 9, 2020

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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