Categories Interest Rates
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The 10-year treasury is flat this morning having only a 1 basis point change since last Monday.
Categories Centennial Mortgage
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The recent forest fires on the West Coast have impacted many of the individuals and families of the Centennial Mortgage team. We are fortunate that it has been limited to smoke and no lives have been lost.
Categories Centennial Mortgage, Interest Rates
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10 year US Treasury rates are flat at .66% As the market opened on Tuesday after Labor Day at .67%. Fundamentals have not changed and with light economic data coming out this week we do not expect much volatility.
Categories Centennial Mortgage
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Effective September 4, 2020, due to a health emergency issued by the Centers for Disease Control and Prevention (“CDC”) and the Department of Health and Human Services (“HHS”), the White House announced a temporary eviction moratorium until December 31, 2020.
Categories Centennial Mortgage, HUD Regulations
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Many folks often wonder why it is difficult to get HUD to make changes to their rules. The answer is simple in some regards and very complex in others.
Categories Healthcare, Interest Rates
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The stock market is showing increased volatility since last week. The NASDAQ opened down 3% which is causing money to shift into United States Treasuries.
Categories 223(a)(7), Centennial Mortgage
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Hershey Towers B, 72 units in Pana, Illinois.
Categories 223(a)(7), Centennial Mortgage
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Thomas Square at Grimes is a 50 unit development located in Grimes, Iowa.
Categories Interest Rates
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The stock market hits a high as optimism wins out over Covid-19 concerns.
Categories Interest Rates
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10-Year Treasury yields had their biggest weekly drop since early June on speculation that the Fed isn’t done with stimulus and that a Covid-19 vaccine could be fast tracked by the Federal Government.
Categories Interest Rates
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As equites hoover near all-time highs, the 10 year treasury rate recedes to .68% from a high of .73% last week.
Categories Centennial Mortgage, HUD Regulations, Interest Rates, Section 8
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Join us for a two-day virtual training on HUD's "RAD for PRAC" Conversion program. Owners and managers of PRACs, as well as those in the industry that work with them, will want to tune in to hear how PRACs can be converted to 20-year Section 8 contracts, and why an owner may want to do this.