Yield PRO TV Rate Desk May 13, 2020

May 13, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Market impact forecasted for 12 months and cash mitigates uncertainty

Rate Desk Notes May 13, 2020
• Indices down
• Crude up $25.82
• UST yields .65
• 223(f) 2.55%
• 221(d)(4) 3.20%
• Fannie 3.20%
• Freddie 3.20-3.35%
• Recovery timeline
• NCREIF looking out 12 months
• Impacts are market and location specific rather than class
• HUD acquisition loans offer longer, more flexible sale times
• Cash mitigates uncertainty