70) Over the Past Three Months, How Have the Terms Under Which Cmbs Are Funded Changed?| A. Terms for Average Clients | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Eased Somewhat
ALLQ70A4ESNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
10/1/2011 - 1/1/2025
Summary
This economic indicator tracks changes in the funding terms for Commercial Mortgage-Backed Securities (CMBS) over a three-month period. The metric provides insights into the lending environment and credit market conditions for commercial real estate financing.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The trend measures how collateral spreads over benchmark effective financing rates have evolved for average CMBS clients. Economists use this data to assess credit market flexibility and potential shifts in commercial real estate lending standards.
Methodology
Data is collected through surveys and financial market observations tracking changes in lending terms and collateral valuation.
Historical Context
This indicator helps policymakers and investors understand credit market dynamics and potential economic stress in commercial real estate lending.
Key Facts
- Tracks three-month changes in CMBS funding terms
- Focuses on collateral spreads over benchmark rates
- Provides insight into commercial real estate lending conditions
FAQs
Q: What does 'Eased Somewhat' indicate in this context?
A: It suggests that lending terms for commercial mortgage-backed securities have become slightly more favorable or flexible compared to the previous period.
Q: Why are CMBS funding terms important?
A: These terms reflect the overall health of commercial real estate lending and can signal broader economic trends in credit markets.
Q: How often is this data updated?
A: Typically, this type of indicator is updated quarterly to capture meaningful changes in lending conditions.
Q: Who uses this economic indicator?
A: Investors, real estate professionals, economists, and policymakers use this data to assess credit market conditions and potential economic trends.
Q: What limitations exist in this data?
A: The indicator represents average trends and may not capture specific regional or sector-specific variations in commercial real estate lending.
Related Trends
31) To the Extent That the Price or Nonprice Terms Applied to Separately Managed Accounts Established with Investment Advisers Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 29 and 30), What Are the Most Important Reasons for the Change?| A. Possible Reasons for Tightening | 4. Higher Internal Treasury Charges for Funding. | Answer Type: 2nd Most Important
ALLQ31A42MINR
72) Over the Past Three Months, How Has Demand for Term Funding with a Maturity Greater Than 30 Days of Cmbs by Your Institution's Clients Changed?| Answer Type: Increased Considerably
ALLQ72ICNR
6) To the Extent That the Price or Nonprice Terms Applied to Hedge Funds Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 4 and 5), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 5. Increased Availability of Balance Sheet or Capital at Your Institution. | Answer Type: First in Importance
ALLQ06B5MINR
34) How Has the Provision of Differential Terms by Your Institution to Separately Managed Accounts Established with Most-Favored (as a Function of Breadth, Duration, and Extent of Relationship) Investment Advisers Changed Over the Past Three Months?| Answer Type: Remained Basically Unchanged
CTQ34RBUNR
68) Over the Past Three Months, How Has Demand for Term Funding with a Maturity Greater Than 30 Days of Non-Agency Rmbs by Your Institution's Clients Changed?| Answer Type: Remained Basically Unchanged
ALLQ68RBUNR
13) To the Extent That the Price or Nonprice Terms Applied to Trading REITs Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 11 and 12), What Are the Most Important Reasons for the Change?| A. Possible Reasons for Tightening | 1. Deterioration in Current or Expected Financial Strength of Counterparties. | Answer Type: 3rd Most Important
CTQ13A13MINR
Citation
U.S. Federal Reserve, 70) Over the Past Three Months, How Have the Terms Under Which Cmbs Are Funded Changed?| A. Terms for Average Clients | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Eased Somewhat [ALLQ70A4ESNR], retrieved from FRED.
Last Checked: 8/1/2025