Rate Desk Thursday, June 18, 2020
June 18, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Price compression for MF developers and incredibly low interest rates, the financing is right and it’s time to build.
Rate Desk notes...
Rate Desk Wednesday, September 9, 2020
September 9, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With lower home supply and no declines in MF property value, higher demand for workforce housing drives the market.
Rate Desk notes...
Rate Desk April 2, 2020
April 2 edition
US treasury yields hold at 59 bp
FHA: 12 bp tightening
HUD considering distributing reserve monies in light of C-19
HUD now allowing virtual inspection by supervising architect
10 year interest...
Rate Desk April 15, 2020
Rate Desk April 15 edition:
Markets down from yesterday
UST .643 bp
223(f) 2.55-2.72%
221(d)(4) 3.20-3.37%
Fannie 3.21%
Freddie 3.50%
Forbearance:
30 days with two 30 day extensions (90 days total)
No evictions or...
Rate Desk Tuesday, July 14, 2020
July 14, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Millennials surpass boomers as largest cohort and adjusting to the suburban shift with wholistic community developments.
Rate Desk notes July 14, 2020
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Rate Desk May 18, 2020
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
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Rate Desk Wednesday, November 25, 2020
November 25, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Happy Thanksgiving! Window closing to lock in your rates as agencies are shifting to the new 2021 matrix.
Rate Desk notes November...
Rate Desk Monday, July 6, 2020
July 6, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD comments on 2020 FHA MAP guide focusing on eliminating green washing through real-time data monitoring.
Rate Desk notes July 6, 2020
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Rate Desk April 7, 2020
April 7 edition
DJIA up 22,789
V-shaped recovery possible
Stocks on track for 2-day win
US Treasury opened at .77
FHA 223(f) tightened 2.57%
FHA 221(d)(4) still 3.30%
Fannie 3.36%
Freddie 3.44%
Freddie requires...
Rate Desk Monday, June 22, 2020
June 22, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Freddie Forward rate lock: great when rates are rising, not so great when rates are falling.
Rate Desk notes June 22, 2020
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Rate Desk Monday, July 20, 2020
July 20, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Markets are up, new stimulus in the works, and July forbearance falls for fifth straight week.
Rate Desk notes July 20, 2020
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Rate Desk Monday, June 29, 2020
June 29, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. FFHA extended MF owners GSE forbearance to 6 months with caveats to resident back rent payments.
Rate Desk notes June 29, 2020
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Rate Desk April 14, 2020
Rate desk April 14 edition:
All markets are up
UST .736 bp
223(f) 2.55%
221(d)(4) 3.20%
Fannie 3.25%
Freddie 3.50%
TEB 3.59%
TEL 3.05%
HUD affordable housing segmented LIHTC into two categories: new and...
Rate Desk May 22, 2020
May 22, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Bridge loans: setting up for success with your business plan, timeline and COVID-19 mitigation.
Rate Desk Notes May 22, 2020
DOW down,...
Rate Desk Wednesday, August 12, 2020
August 12, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD/FHA loan refinance options, building customer service increases resident retention.
Rate Desk notes August 12, 2020
Indices up
UST yields .67
Crude...
