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Rising Yields Extend CRE Pricing Reset

Rising Yields Extend CRE Pricing Reset

The States Carrying the Most Debt Per Resident, How about a really nice school on 49 acres? (it’s in the middle of nowhere northern Minnesota).

Vidit Saxena
June 24, 2026

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Latest Rates

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Loan Type	Current Rate	Day Change	1 Week	1 Month	1 Year	52-Week Range
30 Yr. Fixed	6.65%	-0.01%	+0.07%	+0.08%	-0.16%	5.99% - 7.13%
15 Yr. Fixed	6.19%	-0.01%	+0.03%	+0.12%	+0.08%	5.38% - 6.52%
30 Yr. FHA	6.23%	-0.02%	+0.08%	+0.21%	-0.31%	5.62% - 6.54%
30 Yr. Jumbo	6.85%	+0.00%	+0.05%	+0.17%	-0.12%	6.10% - 7.45%
7/6 SOFR ARM	6.37%	-0.05%	+0.13%	+0.05%	-0.12%	5.29% - 7.25%
30 Yr. VA	6.25%	-0.01%	+0.08%	+0.21%	-0.30%	5.64% - 6.55%

Date	30 Yr Fixed	15 Yr Fixed	30 Yr Jumbo	7/6 ARM	30 Yr FHA	30 Yr VA
06/23/26	6.65%	6.19%	6.85%	6.37%	6.23%	6.25%
06/22/26	6.66%	6.20%	6.85%	6.42%	6.25%	6.26%
06/18/26	6.58%	6.15%	6.81%	6.30%	6.15%	6.17%
06/17/26	6.62%	6.16%	6.80%	6.24%	6.15%	6.17%
06/16/26	6.54%	6.11%	6.80%	6.22%	6.12%	6.14%

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Macro Trends

When Three Passive Funds Become the Market Link

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The three largest passive S&P 500 funds now hold a combined total of more than $2.6 trillion.
Because Vanguard's VOO alone passed $1 trillion this month, stock prices are driven more by automatic money flows than by people figuring out what companies are actually worth.

Real Estate Trends

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Rising Yields Extend CRE Pricing Reset Link

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Treasury yields are stabilizing at higher levels, which keeps borrowing costs elevated and puts continued downward pressure on commercial real estate values.
While capitalization rates have adjusted upward since 2022, they remain below historical averages and could rise further if government bonds hold their current yields.
The property market is currently slower as buyers reset what they expect to make on investments, while sellers are still holding onto old pricing.

As Cities Turn to AI To Lower Housing Costs, Data Center Backlash Grows Link

Cities like Jacksonville are trying out AI tools to speed up building permits and cut down on the costly red tape that adds over $131,000 to the price of a typical home.
At the same time, local pushback is growing against the actual data centers needed to run this technology, with towns like Monterey Park banning them due to high water and power use.

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A Quick Word From Our Sponsor

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Fill My Seasonal Calendar

US foreclosure filings rise 14% annually in May, led by Southeast states Link

Foreclosure filings hit 40,355 properties across the country, which is a 14% increase compared to the same time last year.
High mortgage rates and ongoing affordability pressures are driving the increase, though overall numbers are still well below historical norms.
Florida, South Carolina, and Maryland saw the highest state foreclosure rates, while Texas led the nation in new foreclosure starts.

This $2.2 Billion AI Startup Is Helping The Country’s Largest Landlords With Admin Work Link

EliseAI creates 24/7 AI assistants that handle leasing calls, emails, and texts for major landlords like Equity Residential.
The software answers questions, schedules property tours, and helps property managers slash millions of dollars in labor costs.

Something I found Interesting

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The Traditional 30% Rent Rule Is Officially Dead in Today's Economy Link

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The rule is outdated because everyday essentials like housing, groceries, and gas have risen much faster than average incomes.
It calculates affordability using gross income instead of actual take-home pay, which fails to account for taxes, retirement contributions, healthcare, and personal debt.

AI & Real Estate - Today’s Trends

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Tool of the day: EliseAI

EliseAI seamlessly manages conversations across text, email, chat, and voice, so renters get consistent, instant answers without ever repeating themselves.

AI Poised to 'Break' Agent Commission Model, Report Says link

A landmark report reveals that AI outperforms agents on nearly half of all transaction tasks, creating massive downward pressure that is expected to break the standard 5-6% U.S. commission model within the next five to seven years.

How AI Is Making Interior Planning Faster for Homeowners and Design Teams link

By slashing the time and technical skill required for spatial layouts, AI-driven interior planning tools are enabling U.S. homebuilders and agents to accelerate pre-sale visualizations and close deals faster.

Pro Member Only Content Below

Most of the insights below stem from extra research and include content from paid sources and special reports.

Top 25 Industrial Markets: Which Markets Are Pulling Ahead?