Yield PRO TV Rate Desk December 9, 2020

December 9, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Consumer spending is up and rates are low. Lock it in.

Rate Desk notes December 9, 2020
• Indices down
• Crude $45.46
• UST yields .93
• 223(f) 2.31%
• 221(d)(4) 2.91%
• Fannie 2.97%
• Freddie 3.48%
• Consumer spending up
• Inclusive Capitalism
• Smaller market cap rates in 5% range
• Interest rates go up, cap rates go down
• HUD COVID escrow 9 months mandatory, 12 months discretionary
• Fannie small balance reduced P&I to 12 months