Commercial Loan Rate Watch
Past commercial mortgage rates quoted here are for research purposes only. Please note that current commercial mortgage interest rates vary widely depending on borrower credit, LTV loan size, property condition, market conditions, and other factors.
Rates for 07.18.08
multi-family commercial mortgage rates |
small portfolio ( $400,000 to $5mm) |
max LTV |
fixed term |
loan rate |
max amort. |
80% purchase 80% refinance +5% mezzanine available |
floating |
5.43% |
30 |
3 year |
6.50% |
30 |
5 year |
6.68% |
30 |
10 year |
6.90% |
30 |
30 year |
7.34% |
30 |
large portfolio - non-recourse ( $1mm to $20mm) |
max LTV |
fixed term |
loan rate |
max amort. |
80% purchase 80% refinance |
5 year |
6.10% |
30 |
10 year |
6.35% |
30 |
special loan products |
program |
fixed term |
loan rate |
max amort. |
rehab / floating |
1 year |
6.46% |
interest only |
fannie mae |
10 year |
6.35% |
30 |
office / industrial / nnn / retail / storage loans |
single tenant / NNN - credit - non-recourse ( $1mm to $10mm+) |
max LTV |
fixed term |
loan rate |
max amort. |
80% purchase and refinance |
5 year |
6.25% |
30 |
10 year |
6.35% |
30 |
30 year |
8.97% |
30 |
single tenant / NNN - non-credit - non-recourse ( $500k to $10mm+) |
max LTV |
fixed term |
loan rate |
max amort. |
75% purchase 75% refinance |
3 year |
6.25% |
30 |
5 year |
7.12% |
30 |
10 year |
7.60% |
30 |
30 year |
9.11% |
30 |
multi-tenant - recourse ( $500k to $10mm) |
max LTV |
fixed term |
loan rate |
max amort. |
75% purchase 75% refinance |
3 year |
6.25% |
30 |
5 year |
7.12% |
30 |
10 year |
7.60% |
30 |
30 year |
9.17% |
30 |
owner occupied / sba / hotel / motel loans |
conventional and government programs |
max LTV |
fixed term |
loan rate |
max amort. |
90% purchase (SBA) 75% refinance |
Floating |
5.25% |
30 |
3 year |
6.76% |
30 |
5 year |
7.24% |
30 |
10 year |
7.90% |
30 |
25 year |
9.77% |
30 |
commercial mortgage market rates |
index |
current rate |
last month |
last year |
prime |
5.00% |
5.00% |
8.25% |
libor (6 month) |
3.12% |
3.26% |
5.39% |
5 year treasury |
3.16% |
3.76% |
5.00% |
10 year treasury |
3.85% |
4.27% |
5.09% |
Interest rates are only one part of sound investment decisions in today's market. Working closely with our expert loan advisors, you will gain the Steelhead Advantage — maximizing terms and minimizing risk — then closing your deal on time and on terms. To receive the most current rates, please submit your secure loan request.

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