Mortgage Metrics Dropped in Second Quarter | by Carl Gaines | Both loan-to-value ratios and debt yields declined between the first and second quarters, Carl Gaines writes in GlobeSt's coverage of Chandan's latest report on the quality of newly-originated mortgages. Gaines goes on to explain as follows:

In New York, Washington, DC and San Francisco, the office loan debt yield declined to 7.8% from 8.1% during the period studied in those markets’ CBDs. Nationally, the office loan debt yield fell to 9.7% from 9.8%. The debt yield on high-rise apartment building loans also declined.

Read GlobeSt's summary of Chandan Economics' Quarterly Loan Quality Report at their website.