Key Takeaways: 2024 CREFC Hot Topics

There were a range of hot topics covered at the 30th Annual CREFC Conference in Miami on January 7-10, 2024. Here's what our team heard on interest rates, asset classes, property insurance, lending volume, distress/workouts and securitization.

Interest Rates:

• The pervasive topic at this year's conference was the impact and future of interest rates. The conference participants were cautiously optimistic, anticipating a shift away from the rate volatility of 2023 and a move toward interest rate stabilization with lower realized and implied rates in 2024. During an in-session live poll, the significant majority of audience members predicted that, by the end of 2024, the 10-year treasury note would be between 3.5% and 4%, and the one-month term SOFR rate would be between 4.0% and 4.5%.