When returning the security deposit to  the tenant in Maryland you have to include the interest accrued, which is the greater of the US Treasury yield curve rate or 1.5% per year.Who knew we’d have to do calculus to return a security deposit…lol.

Many know how to leverage the extra cash flow rather than leaving it with the Treasury Department for 27.5 or 39 years.

Mortgage rates are technically tied to the treasury note rate rather than fed funds but the treasury note rate moves based on the federal reserves' position on the fed funds rate and anticipated future movement in it. 

Cullen JonesIndianapolis Real Estate Agent (FC Tucker)Average Home Price November 2021: $215,000Average Home Price November 2020: $188,90013.8% appreciation in home values since 2020U.S. 10 Year Treasury: 1.407% (increase of 0.47% from 0.93 December 2020)As the U.S. 10 Year Treasury yield percentage goes up, so do mortgage interest rates. 30-year-Mortgage interest rates sit at an average 2.994% for December, 2021. 30-year-Mortgage rates in December, 2020 averaged 2.865% (+0.13% since 2020).An increase in mortgage interest rates is indicated by an increased U.S. 10 Year Treasury yield (+0.47% since 2020)A $250,000 home in 2020 (2.865%) with 20% down payment on 30 year conventional loan = $828.71 monthly mortgage payment ($27.62 per day)A $250,000 home in 2021 (2.992%) with 20% down payment on 30 year conventional loan = $842.34 monthly mortgage payment ($28.09 per day)*20% down payment used for examples.* Ask about other down payment options!

Year-end is coming so you could do 20k in 2022 and another 20k on Jan 1st. not sure your father’s Appetite for Risk, but he could put the remaining 60k into treasury bond ladder.  

According to MD: "Simple interest of the greater of the US Treasury yield curve rate or 1.5% per year must be paid on security deposits of $50 or more and must accrue each month from the day the security deposit was given, after the security deposit has been held for 6 months."

Maybe you should sell for cash and redeploy into treasuries or something.

the 10 year treasury is creeping up to 4%.  

With this we would have a loan set at 6% for the first 5 years, then it will change to what ever the 5 year treasury is, plus 2.75 points.

With this we would have a loan set at 6% for the first 5 years, then it will change to what ever the 5 year treasury is, plus 2.75 points.