Yield PRO TV 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 SFR loans in forbearance
• Must close May 31
• Cash-out REFIs not eligible
• Investors buying taxable GNMA (HUD/FHA loans)
• De-urbanization
• Suburban MF growth
• Walkability of amenities
• C19 changing things