Yield PRO TV Rate Desk August 12, 2020

August 12, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD/FHA loan refinance options, building customer service increases resident retention.

Rate Desk notes August 12, 2020
• Indices up
• UST yields .67
• Crude $42.56
• 223(f) 2.27%
• 221(d)(4) 2.87%
• Fannie 2.75%
• Freddie 2.95%
• HUD/FHA loans: unprecedented times
• Low rates plus investor pre-pay covers refi costs
• Jobs = paid rents
• Hire local to build customer service
• Happy residents lead to more lease renewals