Many of our rates and terms are changing along with the rise and fall of the current market conditions. This week saw some of multifamily rates climb back up a little (5 year with 80% ltv under $5mm is now 6.26%). However most of the NNN/Retail/Office rates dropped significantly. Of course the rates can go up and down all day long until the credit market loosens up again. Be sure to check out the latest commercial loan rates here.

Source: Bloomberg

Commercial property loans originated in 2005 to 2007 that increasingly carried risky terms are likely to see a significant increase in defaults in 2009 due to lack of credit, falling property values and reduced cash flow, said Alan Todd, head of commercial mortgage bond research at JPMorgan, in published research.

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