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National Economy

Here's Why US Loans Are Getting Paid On Time

The US is catching up on its loan payments—just in time for Christmas shopping.

Fitch Ratings index results show that a combo of new loans and resolutions of old ones cut US CMBS delinquency rates 21 bps to 4.16% in November—a $696M drop from $16.4B to $15.7B. 

$1B in late loans were resolved in November, over three times the $325M in new delinquencies, Fitch Ratings reports.

On top of that, $7.3B in new loans were issued, outstripping the $4.7B in paid-off ones, so late loans made up a smaller piece of the pie.

Only the industrial sector saw a rate bump (4.22% to 4.38%)—all other sectors cut delinquency. 

A cool $198M resolution of the

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