Yield PRO TV Rate Desk September 30, 2020

September 30, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD added online queues to track your HUD loan application, and offsetting land costs with HUD statutory limit constraints.

Rate Desk notes September 30, 2020
• Indices up
• UST yields .68
• Crude $39.83
• 223(f) 2.16%
• 221(d)(4) 2.76%
• Fannie 2.69%
• Freddie 3.11%
• HUD record volume, application queues now online
• Track your loan application
• Must have ALL application items upon submission
• Suburban mixed-use
• Outdoor amenities
• Land is expensive
• HUD statutory limit constraints