Pricing on treasury's has somewhat "stabilized" for the moment after the roller coaster ride so maybe it will stay cheap for a while. 

The treasury department guy says it will be done by the end of the year.

This past treasury auction was weak, as I finish this there is discussion of Schwab coming under investor focus as the majority of their income is based of interest rate related returns and many of their assets have an average yield of 2%ish..this is profitable in an ultra low interest environment where depositors are paid relatively nothing but if they flee to more secure assets..such as..real estate..their $7 Trillion empire could begin to wobble.

This causes the bank to have unrealized losses on all the treasury bonds they purchased at a lower rate, causing liquidity issues, a run on the banks and the next banking crisis

Most Loan Stabilized Loan Quotes:Rate: around 2.50% + 5 year treasury Term: 5 years (if lease term is shorter than it will be shorter)Amo: 25 yearsLTV: 60% - 75% (DSCR 1.25 - 1.50 will determine the LTV)

Generally, if its very low (below current market), then usually smart to pay only minimum, flip side if rate is high (higher than what could otherwise be earned in treasuries for example)

Maybe look at getting 1-3 month treasuries and just renew them as they mature

One interesting relationship...not exactly 'interest rates' but related is that there is certainly a correlation between cap rates and the 10 year treasury note (I work in commercial real estate as a broker and its a spread we always keep an eye on).  

You would be way better to put that money in a US Treasury and get the same return, risk free.

1% interest also feels low when you can make 4.75% on a 6 month treasury note.