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 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 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
...
Rate Desk May 5, 2020
May 5, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD requirements, a post COVID-19 world and a shift toward rental housing.
Rate Desk May 5, 2020 notes:
Indices up
Crude oil...
Rate Desk April 3, 2020
April 3 edition
HUD FHA rates at 2.80 for 223F
New construction at 3.50 (40 year fixed)
10 year US treasury at 59 bp
HUD requiring reporting of impacts of C-19
HUD and agency...
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 Wednesday, October 7, 2020
October 7, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Leveraging green benchmarks to maximize lending potential and a look at HUD for statutory constrained urban markets.
Rate Desk notes October 7,...
Rate Desk Wednesday, September 16, 2020
September 16, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With HUD volume up nationwide and an expected $21B in commitments, here are some important tips to avoid preliminary rejection.
Rate Desk...
Rate Desk April 8, 2020
April 8 edition
DJIA up—23K
UST .74 bp
Congress to add $250 billion to PPP SBA program
FHA rates- 223(f) 2.59%
221(d)(4) 3.60%
GSE’s flat today, reaching normal
Fannie 3.36%
Freddie 3.44%
Document financial...
Rate Desk April 6, 2020
April 6 edition
Stocks were up and erased last week’s declines
10 year US treasury at 68 bp
HUD/FHA 223(f) acquisition and refinancing rates at 2.60%
HUD/FHA 221(d)(4) New construction and sub rehab rates:...
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 May 8, 2020
May 8, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. May rents exceed expectations and rental housing continues to prove a solid investment.
Rate Desk May 8 notes:
Indices up
Crude oil...
Rate Desk Wednesday, November 11, 2020
November 11, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With historical low FHA rate opportunities, hotel conversion opportunities are providing great per unit returns.
Rate Desk notes November 11, 2020
Dow...
Rate Desk April 10, 2020
April 10 edition
Markets up double digits
UST ended .72 bp
Closed for Good Friday
223(f) 2.60-2.65
221(d)(4) 3.30-3.60
Fannie 3.32%
Freddie 3.40%
HUD San Fran office issues Q&A on construction/rehab loans
Stay-at-home order...
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...
