A free monthly commercial real estate capital markets report: CRE loan rates, the Fed, rate cap costs, who is lending and CMBS delinquencies, updated weekly.
FRED data as of October 27 to 29, 2026. Fed target range 3.75% to 4.00% after the October 28 hold.
Treasury yields fell about 30 bps on a flight to safety from AI stocks, the Fed held at its October 28 meeting with two votes for a hike, rate cap costs fell about 13.5% during the month, and the CMBS delinquency rate climbed to 8.02%, its highest since November 2020.
Read the October 2026 report| Edition | Headline |
|---|---|
| October 2026 | Long rates fall, the Fed holds, CMBS delinquency tops 8% |
Each edition draws on market benchmarks from the Federal Reserve Bank of St. Louis (FRED), lending and credit research from Trepp, interest rate cap pricing from Chatham Financial, bank lending data from FDIC Call Reports and announcements from active lenders. Every number is attributed to its source and summarized in our own words. Analysis is by Robert Stec, Capital Markets Advisor, a licensed commercial real estate broker and former director at a national commercial loan marketplace.
For lender rankings by state, loan type and bank, see Best CRE Lenders 2026.
A new edition starts each month, and the current edition is refreshed every week with new rate, lending and credit data. Past editions stay online as a record of each month.
No. The report tracks market benchmarks and published research. Actual loan pricing depends on the property, leverage, sponsor and lender.
Delinquency, special servicing and spread data come from Trepp’s published research, credited in each edition.
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