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: Tightened Somewhat
SFQ70A4TSNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-33.33%
Date Range
10/1/2011 - 4/1/2025
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 lending conditions and market sentiment in the commercial real estate financing sector.
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 tightened for average CMBS clients. Economists use this data to assess credit market conditions and potential shifts in commercial real estate lending standards.
Methodology
Data is collected through surveys and financial market observations of commercial mortgage lending practices and benchmark rates.
Historical Context
This indicator helps policymakers and investors understand credit market dynamics and potential risks in commercial real estate financing.
Key Facts
- Indicates tightening of CMBS funding terms over three months
- Reflects changes in commercial real estate lending conditions
- Provides insight into credit market risk assessment
FAQs
Q: What does 'tightened somewhat' mean for CMBS funding?
A: It suggests lenders are becoming slightly more restrictive in their lending criteria for commercial mortgage-backed securities, potentially indicating increased caution in the market.
Q: How do collateral spreads impact commercial real estate financing?
A: Collateral spreads reflect the risk premium lenders require, with wider spreads indicating higher perceived risk in commercial real estate lending.
Q: What makes this CMBS trend important?
A: The trend provides early signals about credit market conditions and potential changes in commercial real estate investment and financing strategies.
Q: How frequently is this data updated?
A: Typically, this type of indicator is updated quarterly, providing a snapshot of recent lending market conditions.
Q: Can this trend predict economic shifts?
A: While not a definitive predictor, changes in CMBS funding terms can be an early indicator of broader economic trends in commercial real estate and credit markets.
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74) Over the Past Three Months, How Have the Terms Under Which Consumer ABS (for Example, Backed by Credit Card Receivables or Auto Loans) Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Remained Basically Unchanged
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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: Tightened Somewhat [SFQ70A4TSNR], retrieved from FRED.
Last Checked: 8/1/2025