Sources and methods

Every tile on the dashboard shows the period its number describes and links to the publisher. This page lists them all.

Updated automatically

Number Publisher How often Marked stale after
2-year and 10-year Treasury U.S. Treasury, daily par yield curve Every business day, same evening 5 days
SOFR Federal Reserve Bank of New York Every business day, next morning 5 days
30-year mortgage average Freddie Mac, Primary Mortgage Market Survey Weekly, Thursdays 10 days
Bank CRE delinquency and charge-off rates Federal Reserve Board, Charge-Off and Delinquency Rates Quarterly, about 8 weeks after quarter end 150 days after quarter end
Noncurrent bank CRE loans by type FDIC BankFind Suite (call reports, our calculation) Quarterly 150 days after quarter end

These are read before every build of the site. After that, the daily and weekly rates are read again from a live endpoint while you’re on a page (cached up to three hours), and the two quarterly bank series are read from the Fed and the FDIC once a day, so a new quarter shows up on the dashboard within about a day of its release without a rebuild. If a daily rate is more than 12 days old at build time, or a quarterly figure more than 200 days past its quarter end, the build stops and nothing is published.

The FDIC rates are our arithmetic: for each quarter, total noncurrent loans (90 days or more past due, or nonaccrual) divided by total loans in that category, summed across every bank that filed a call report. Categories are the FDIC’s: nonfarm nonresidential, multifamily, and construction and land development.

Entered from published releases

Number Publisher How often Marked stale after
CMBS delinquency and distress rates KBRA, CMBS Loan Performance Trends Monthly 40 days
CMBS issuance KBRA, CMBS Trend Watch Monthly 40 days
Commercial property prices Green Street Commercial Property Price Index Monthly 40 days
Fed funds target range Federal Reserve, FOMC statements Eight meetings a year 50 days
Cap rate direction CBRE U.S. Cap Rate Survey Twice a year 200 days
Originations Mortgage Bankers Association Quarterly 130 days
Average loan spreads CBRE Lending Momentum Index Quarterly 130 days
Bank lending standards Federal Reserve Senior Loan Officer Survey Quarterly 110 days

Each one was read at its source, not from a news story about it. “Marked stale” counts from the release date: past that, the next release should be out, and the tile says the number shown is the old one.

Derived numbers

The cap rates implied by CMBS appraisals multiply each pool’s weighted-average debt yield on underwritten NOI by its weighted-average loan-to-value, both from the deal’s term sheet filed with the SEC. The prices and cap rates page shows the arithmetic.

What we leave out, and why

  • FRED. The St. Louis Fed’s data service republishes many of these numbers, but its terms don’t allow display on a commercial website without written permission. We read the original publishers instead.
  • Repeat-sales price indexes by sector (MSCI RCA CPPI and similar). Licensed to subscribers; the terms don’t allow republishing here.
  • Daily REIT prices by sector. Nareit’s index data needs written permission to republish, and we haven’t found a free price feed licensed for public display.
  • Trepp figures. Trepp publishes widely cited CMBS numbers, but we couldn’t read its release at the source, and we don’t repeat figures seen only in news coverage.
  • Corporate bond spreads. The common series are licensed by ICE and Moody’s.
  • Sector cap rate tables. CBRE’s are behind a sign-up.

Notices

© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org. This site is not affiliated with the New York Fed. Freddie Mac Primary Mortgage Market Survey data used with attribution. Treasury, Federal Reserve Board and FDIC data are U.S. government works.

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