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The interest rate people. Expertise, strategy, market insight, and analytical tools exclusively for commercial real estate.

The interest rate people. Expertise, strategy, market insight,
and analytical tools exclusively for commercial real estate

October 9, 2026

1M Term SOFR—
NY Fed SOFR—

Treasurys

2 Year Treasury—
5 Year Treasury—
7 Year Treasury—
10 Year Treasury—
Rate Curves

Updated 8:36am

Today

Today

Updated 8:36am

Rates dipped yesterday afternoon after President Trump disputed any plans on additional strikes against Iran ahead of midterm elections, allowing oil prices to slide. This morning, rates have remained in that same range.


Later this morning, we'll see consumer sentiment and inflation expectations figures, which have the potential to mildly impact rates.

This Week

Quick Cap Pricer

Strategic

Interest is the biggest cost center you aren’t thinking about

Your risk management strategy shouldn’t be whatever the lender requires

Pensford starts with your business plan before we start talking hedge structures. We want to be in the conversation early while you’re still exploring financing options, not the week of closing.

The Pensford LetterOctober 12, 202650 for 50
Transparent

The banks have the data.So do we.

And ours works for you

We guide our clients through every step, in plain language, without the trading desk jargon. That way, you know exactly what you’re executing and why.

Panattoni
Prime Group
Greystar
Fort Partners
Fairfield
Harrison Street
Continental Realty Corporation
Montecito Medical
Oaktree
Bridge Investment Group
DRA Advisors
CWS
Dalfen Industrial
American Landmark
Nuveen
Invesco
Panattoni
Prime Group
Greystar
Fort Partners
Fairfield
Harrison Street
Continental Realty Corporation
Montecito Medical
Oaktree
Bridge Investment Group
DRA Advisors
CWS
Dalfen Industrial
American Landmark
Nuveen
Invesco
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Independent

Pensford only
sits on one side
of the table. Yours.

Pensford is structurally different

Our success depends on yours. Pensford exists to provide clear, strategic advice aligned with your objectives. Every recommendation we make is guided by that responsibility. No referral fees. No hidden incentives. No conflicts of interest.

Proactive

We handle the interest rate risk so you can focus on running the business

From new financings and replacement hedges to ongoing portfolio monitoring, we do the heavy lifting and bring you proactive ideas. Then we collaborate with your team, combining our market expertise with the knowledge only you have about your business.

Responsive

Reach out, even on nights and weekends

You’ll hear back within two hours

Evenings, weekends, holidays.
Markets close at 5pm EST. We don’t.

Relationship Driven

Commercial real estate is a relationship business.
So is ours.

We want our clients to think of Pensford as their outsourced interest rate risk management team. We deliver smooth closings, but our greatest value is the work we do between them.

MDH Partners
RangeWater
Brookdale Senior Living
Alliance Residential Company
Pennybacker
Woodfield Development
Crescent Communities
citizenM
CBRE
Walker & Dunlop
Berkadia
Brennan Investment Group
Northland Investment Corporation
Beacon Partners
Walton Street Capital
LEM Capital
MDH Partners
RangeWater
Brookdale Senior Living
Alliance Residential Company
Pennybacker
Woodfield Development
Crescent Communities
citizenM
CBRE
Walker & Dunlop
Berkadia
Brennan Investment Group
Northland Investment Corporation
Beacon Partners
Walton Street Capital
LEM Capital
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