Yield PRO TV Rate Desk November 11, 2020

November 11, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With historical low FHA rate opportunities, hotel conversion opportunities are providing great per unit returns.

Rate Desk notes November 11, 2020
• Dow down, NASDAQ, S&P up
• UST yields .98
• Crude $41.45
• 223(f) 2.45%
• 221(d)(4) 3.05%
• Fannie 2.98%
• Freddie 3.07%
• Bridge lending active on new construction
• Lower occupancy, non‐agency eligible
• Conversion opportunities: Hotel/motel to multifamily
• $15‐$30K per unit on levered return
• Shopping malls?
• Historical low FHA rate opportunities