Rate Desk Monday, July 13, 2020
July 13, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Making sure your properties are fully compliant for all accessibility requirements.
Rate Desk notes July 13, 2020
DOW up, NASDAQ, S&P down
...
MF industry responds to Congresswoman Marcia Fudge’s confirmation as HUD Secretary
Marcia L. Fudge was officially sworn in as the eighteenth Secretary of Housing and Urban Development.
Secretary Fudge took the oath the evening of March 10 after the Senate voted to confirm her. As Secretary...
Government must step in to prevent rental housing shortage
Rents are starting to rise dramatically and in every major metropolitan area are expected to rise from 3 percent to 10 percent in 2011 and beyond. That means a family paying $1,700 a month...
Adapt and reuse
Adaptive reuse has gained favor as Americans continue to migrate from the suburbs to redeveloped city downtowns and close-in townships along mass transit lines that offer easy access to work centers.
And, in an age...
Mid-June rent payments reported strong
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 89.0 percent of apartment households made a full or partial rent payment by June 13 in its survey of 11.4 million units of professionally...
Going boss-free: Utopia or “Lord of the Flies”?
Reactions to the idea are varied. Even proponents of bossless offices note that decisions can take longer to make when there is no hierarchy. In addition, human nature suggests that someone will most likely...
Rate Desk April 16, 2020
April 16 edition
S&P and Dow down, Nasdaq up
UST .602
223(f) 2.65%
221(d)(4) 3.30%
Fannie 3.17%
Freddie 3.50%
Municipal bonds:
Permanent debt instruments
Revenue bonds paid back by revenue
Publicly rated by rating...
Rate Desk June 5, 2020
June 5, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD approval mitigants, 223(f) escrows and new HUD issued stat limits.
Rate Desk notes June 5, 2020
Indices up, S&P, NASDAQ near...
Builder confidence hits 20-month high
Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels...
Housing affordability hits record low but turning point lies ahead
Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building material supply chain bottlenecks that increased construction costs, housing affordability posted three consecutive quarterly...
WAC Lighting introduces Pixels, flexible modular LED sheets for tailored architectural lighting solutions in...
WAC Lighting introduces Pixesl for tailored architectural lighting solutions in multi family buildings. Pixels is unlike anything else-- easily specifiable, scalable and modifiable in the field, imaginatively extending boundaries of what can be evenly...
Rate Desk Thursday, July 23, 2020
July 23, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Fannie Mae Green is back with opportunity for savings up to .30bps and conventional lending remains strong.
Rate Desk notes July 23,...
The graying workforce
According to one government estimate, 93 percent of the growth in the U.S. labor force from 2006 to 2016 will be among workers ages 55 and older.
Demographic and economic factors explain some—but not all—of...
Mourning the loss of freedom to fail
It is perhaps even stranger to claim that we should actually fear losing the freedom to fail. Most of us are hardwired to avoid losing, and giving up the prospect does not logically seem...
HUD announces $10 million in “sweat equity” grants
The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in "sweat equity" grants to four non-profit self-help housing organizations which will create at least 535 affordable homes for hard-working, low-income...