It's a cap above a treasury index that makes a law usurious?

http://www.state.nj.us/treasury/taxation/pdf/ttdv1.pdfI was just looking over the ATTD form in advance to figure out how to fill it out once my house is sold.

I have a choice between two mortgage options for a property I'm looking to purchase. 1. 10 year fixed at 4.9%2. 5 year fixed at 4.375% and then 5 year fixed at the then-current 5 year Treasury rate + 2.75%The way I see it, I should choose the first option if rates don't rise more than 0.9% by 5 years from today.

Treasury bond — subtracted from the average rate of return for a portfolio or asset class, divided by the standard deviation of the return on the portfolio or class.

I'm a finance guy so I try to always evaluate potential investments based on risk and return.You can take investment funds and invest them in 10 year treasuries and make like 2.2% and that is mostly risk free so that's an option if you have lots of money and just want to preserve capital.

On page 10 they have a graph of "Apartment Cap Rate Trends" compared to the 10 yr treasury from 1990-2016.

Should the Treasury have to pull out a Federal Reserve loan to finance the debt, we can expect interest rates to rise.

Without high growth, the Treasury will be forced to print money to cover those obligations, and that will eventually create inflation. 

Mortgages rates are based predominantly off of the10 yr treasury yield, which the MARKET sets, not the Federal Reserve.

If you want a clearer picture of how mortgage interest rates are doing, you can follow the 10 yr treasury yield, typically mortgage rates follow the 10 yr treasury yield and it's been a wild ride since Covid.