US Treasuries are paying more than your interest rate right now.

The 10 year treasury which drives interest rates is up 1.5% today with Mortgage News Daily stating that the national average 30-year fixed rate for an owner-occupied property being 6.49% at this second.

The idea is that the sooner you receive this money the sooner you can reinvest it into something that will produce a return instead of just letting it sit there in the US Treasury waiting to get it little by little and reinvesting the small portions each year. 

Here are a few more nuts and bolts:- investments have to be made through a OZ fund, recorgnized by th US Treasury- must be organized as a corporation with the purpose to invest in OZ.

And if they dont know what you are talking about (they should) ask to speak with the Treasury Management folks.  

The spike in the 10-year Treasury has pushed even 30-year fixed rates for owner occupied residential properties into the upper 6%'s.

I can easily see the value raising up to 50% in the next 4-6 years once we're back to probably buying treasury bonds and cutting interest rates, we all know it'll happen.

I should note that this extra cash I have on hand is sitting in Treasury bills, so 8% is a little more attractive to me than the 5% (I know it's riskier!).

You need to pay the daily us treasury curve yield rate.

If the 10 year treasury goes haywire we could see mortgage rates do the same (looks like the last few days we are on our way back to 7% already..)