CRE Charge-Off

Charge-Off Rate on Commercial Real Estate Loans, All Commercial Banks

View on FRED · CORCREXFACBS ↗

0.14%

yoy

▼ 22.22%

41 obs · quarterly · percent── 1y ago 0.18%

What it is

CRE stress bleeds into small-bank balance sheets — and small banks finance SFR rentals.

source: FRED
frequency: quarterly
units: percent
s.a.: yes

Note: Excludes farmland.

What it’s telling us · as of 2026-04-01

CRE charge-offs sit at 0.14%, down 4 basis points year-over-year and at their lowest level since mid-2025 — stress that was building through 2024 has started to roll over. Small banks that underwrite SFR rental portfolios are less likely to have loan losses flowing through their books right now, which eases pressure on their capital ratios and lending appetite. Watch this number through next quarter; a sustained move below 0.15% signals the worst of the cycle is past, while a reversal back above 0.20% would tell a different story about commercial real-estate fundamentals and small-bank risk appetite.

⟡ auto-generated weekly · claude-haiku-4-5 · reviewed before publish

Related metrics

Get the data

Python · fredapi

"""
CRE Charge-Off — CRE stress bleeds into small-bank balance sheets — and small banks finance SFR rentals.
Freq: quarterly · Source: FRED
"""
from fredapi import Fred

fred = Fred(api_key="YOUR_FRED_API_KEY")
series = fred.get_series("CORCREXFACBS")
print(series.tail())

LLM prompt

You are analyzing FRED series CORCREXFACBS — Charge-Off Rate on Commercial Real Estate Loans, All Commercial Banks.

Context: CRE stress bleeds into small-bank balance sheets — and small banks finance SFR rentals.

Attributes
- Units: percent
- Frequency: quarterly
- Source: FRED

Latest observation: 0.14% as of 2026-04-01
Year-over-year change: -22.22%

Analyze this metric for a tech-forward real estate investor with 1–3 properties. What is it signaling right now? What should I watch next?