Yield PRO TV 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 $23.94
• UST yields .66
• Zillow hits record cash balance
• 223(f) 2.50%
• 221(d)(4) 3.15%
• Fannie 3.15%
• Freddie 3.20-3.35%
• Ginnie Mae issued P&I relief
• Over 80% May rents made
• Rental housing solid investment