Data Desk
Rates & Benchmarks
The benchmarks behind private lenders' cost of capital. Last updated September 30, 2026.
| Benchmark | Latest | Change | As of |
|---|---|---|---|
| Fed Funds | 3.75–4.00% | +0.25 | Sep 16 |
| Prime | 7.00% | +0.25 | Sep 17 |
| 10-Yr Treasury | 5.29% | +0.50 | Sept. |
| 2-Yr Treasury | 4.88% | +0.49 | Sept. |
| 30-Yr Mortgage | 7.03% | +0.08 | wk, Sep 24 |
Changes: Fed funds and prime since the Sept. 16 decision; Treasuries since Sept. 1; mortgage rate week over week. Sources: Federal Reserve, U.S. Treasury, Freddie Mac.
Source: U.S. Department of the Treasury
38%
Share of non-agency CRE loan closings by alternative lenders, Q2
CBRE
7.00%
Prime rate after the Sept. 16 Fed decision
Wells Fargo, Bank of America
5.29%
10-year Treasury yield, Sept. 30
U.S. Treasury
1.43
Average debt service coverage ratio on Q2 CRE closings
CBRE