May 18, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. House passes $200 billion HEROES Act providing $100 billion to rental assistance.
Rate Desk notes May 18, 2020
- Indices up, session high
- Crude up $32.84
- UST yields .73
- 223(f) 2.51%
- 221(d)(4) 3.16%
- Fannie 3.21%
- Freddie 3.25-3.35%
- House passes $200 billion HEROES Act
- Advocated by NLIHC
- $100 billion to rental assistance
- Up to 24 months of rent payments
- 70% to households under 50% AMI
- (40% for households under 30% AMI)
- 30% serving 80% AMI
