Rate Desk Notes: April 22, 2020
- Three major indices are up
- Crude oil rallies up to $14 a barrel
- UST .62 bp
- 223(f) 2.65%
- 221(d)(4) 3.30%
- Fannie 3.25%
- Freddie 3.50%
- Fannie/Freddie to buy qualified SFR loans in forbearance
- Must close May 31
- Cash-out REFIs not eligible
- Investors buying taxable GNMA (HUD/FHA loans)
- De-urbanization
- Suburban MF growth
- Walkability of amenities
- C19 changing things
