The interest rates also showed different trends across the real estate types. In the case of office loans, interest rates were between 3.40%and 7.90%, which is due to an average of 6.90%of 6.70%compared to the quarter of the first quarter. The interest rates for apartments for apartments were between 5.20%and 7.70%, which was an average of 6.60%, which was slightly increase compared to an average of 6.55%of the first quarter. Interest rates for retail decreased between 3.70%and 7.90%, which is due to an average of 6.50%compared to the average of 6.58%.
The industrial loans had interest rates of 3.50%and 7.90%, which was an average of 6.40%, which was a decline of five basis points compared to an average of 6.45%of the first quarter. The self-storage interest rates were between 5.50%and 7.20%, which is due to an average of 6.30%compared to an average of 6.34%in the third quarter. Hotel interest rates were between 5.50%and 8.00%of an average of 6.90%compared to 7.00%in the third quarter.
The Cred -IQ also evaluated the debt return, which measures the relationship between the operating result and the total loan amount as an indicator of the risk of risks. Although there are no absolute interpretations, a debt return of around 10% of lenders is often seen as a desirable minimum.
The debt yields were between 8.50%and 17.10%, which decreased at an average of 13.0%compared to an average of 13.2%of the first quarter. Apple family loans in CMBS offers achieved an average debt return of 9.50%compared to an average of 9.93%in the third quarter with a range between 7.50%and 14.40%. The returns of retail varied between 8.30%and 17.80%, which increased an average of 11.60%compared to an average of 11.55%of the first quarter.
With regard to the loan volume, self-storage recorded the biggest increase with an impressive rate of 254%. The hospitality followed with a significant increase of 147%. Conversely, multi -family loans recorded the largest volume decline of -55%, closely followed by bureaucracies at -50%.