Yield PRO TV Rate Desk June 26, 2020

June 26, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. During uncertain markets, have a business plan and stick to the fundamentals.

Rate Desk notes June 26, 2020
• Indices down on COVID-concerns for reopening
• Crude $38.16
• UST yields .64
• 223(f) 2.44%
• 221(d)(4) 3.09%
• Fannie 2.95%
• Freddie 3.06%
• Spreads widen in falling UST market
• LIHTC equity buyers hesitant to bid on new opportunities
• Strong June rent collections
• Stick to the fundamentals
• Have a solid business plan