Navigating Historical Trends in Commercial Mortgage Rates
Understanding the historical trends in commercial mortgage rates is crucial for investors and stakeholders in the commercial real estate sector. Over the past few decades, commercial mortgage rates have been influenced by a myriad of economic factors, ranging from inflation and monetary policy to global events such as the COVID-19 pandemic. In this article, we delve into the average commercial mortgage rates from the 1980s to 2023, providing insights into the evolution of borrowing costs in the commercial real estate market.