Rate Desk Notes: April 24, 2020
- Indices are up
- Crude oil back up to $17 a barrel
- UST closing the week .60 bp
- 223(f) 2.65%
- 221(d)(4) 3.30%
- Fannie 3.20%
- Freddie 3.50%
- Federal Reserve has deployed $6.6 trillion
- HUD waived 3-year rule for construction loans
- Lock in permanent financing with FHA or GSE
- 2019 funds Federal LIHTC at .93 on the $1
- Encourage smaller investors to get in 2020 funds