Rate Desk April 30, 2020
Rate Desk April 30 edition:
Indices down
UST yields .64 bp
223(f) 2.60%
221(d)(4) 3.25%
Fannie 3.20%
Freddie 3.40%
Value-add alive
Opportunities in emerging markets
Get higher value on improving rents with HUD
Affordable...
Rate Desk June 1, 2020
June 1, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Housing is central issue in economic disparity and a mutually beneficial carrot drives more investment dollars.
Rate Desk notes June 1, 2020
...
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 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 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 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 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 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 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 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 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 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 will be back Monday
Michael Thomas is remote this week gathering more insights to share. Stay tuned, we'll be back on Monday, June 15.
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 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...
