Yield PRO TV Rate Desk May 14, 2020

May 14, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Setting up for future development with historic refi potential.

Rate Desk Notes May 14, 2020
• Indices up
• Crude up $27.68
• UST yields .62
• 223(f) 2.50%
• 221(d)(4) 3.15%
• Fannie 3.20%
• Freddie 3.20-3.35%
• Setting up future development
• Land acquisitions going strong
• Long term rates impacted by purchasing
• Economic uncertainty slow MF refis
• Eve of historic boom
• Massive move-outs disqualified
• Compare portfolio with today's rates for huge refi potential