Chart of the Week: Latest Delinquency Rates and Range Since 1996

Commercial mortgage delinquencies increased across all major capital sources in the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. While overall delinquency rates remain relatively low by historical standards, the increases highlight growing stress in parts of the market, particularly in sectors facing refinancing challenges or weakened fundamentals.

Bank Commercial Real Estate Loan Delinquency Dips

Trepp, New York, said delinquency rates for commercial real estate loans held by banks declined in third-quarter 2022 after increasing modestly earlier in the year.