Yield PRO TV Rate Desk September 23, 2020

September 23, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With capital sources slowing down on lending, HUD FHA construction financing remains available to keep your construction projects going.

Rate Desk notes September 23, 2020
• Indices down
• UST yields .67
• Crude $39.58
• 223(f) 2.15%
• 221(d)(4) 2.75%
• Fannie 2.69%
• Freddie 3.11%
• MF rents increased by $1 in August
• Institutional equity seeks outside major urban core markets
• 22 of 30 major markets at negative rent growth
• MF permits down 14.2%
• HUD FHA construction financing available