Rate Desk April 24, 2020
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...
Rate Desk April 23, 2020
Rate Desk notes April 23, 2020 Stocks: 2nd day gains Crude $17/barrel UST yields flat .61-.62 bp 223(f) 2.65% 221(d)(4) 3.30% Fannie 3.21% Freddie 3.50 Offshore investors buy $1.05 billion MF portfolio in West ...
Rate Desk April 22, 2020
Rate Desk Notes: April 22, 2020 Three major indices are up Crude oil rallies up to $14 a barrel UST .62 bp 223(f) 2.65% 221(d)(4) 3.30% Fannie 3.25% Freddie 3.50% Fannie/Freddie to buy qualified...
Rate Desk April 21, 2020
Rate Desk April 21 edition All three major indices down Crude oil back up to $9.69 UST .58 bp 223(f) 2.62% 221(d)(4) 3.27% Fannie 3.40% Freddie 3.50% Millennial household formation down Renting isn’t a...
Rate Desk April 20, 2020
April 20 edition S&P and Dow down, Nasdaq up UPDATE! US oil futures plunged below zero UST .634 bp 223(f) 2.65% 221(d)(4) 3.30% Q4 weighted average still under 1% Extended low long-term fixed rates ...
Rate Desk April 17, 2020
Michael Thomas interviews John Hinder, senior director of the nation’s largest GSE multifamily lender, Walker & Dunlop. Hinder discusses the financing landscape for borrowers in these exceptional times.
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 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 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 April 13, 2020
April 13 edition Markets down on OPEC deal UST .731 bp 223(f) 2.76 221(d)(4) 3.41 Fannie 3.32 Freddie 3.50 HUD issued guidance HUD open for business Sourcing new construction and refinance debt through mortgage...
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 9, 2020
April 9 edition Fed: $2.3 trillion loans for midsize businesses, US cities and states UST range bound .72-.74 bp Fed includes CMBS AAA securities in TALF FHA rates 223(f) flat 2.60-2.65 221(d)(4) 3.30-3.60 GSE's...
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 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 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:...
