Rates will come down faster than MBA/NAR are currently forecasting. 10Y treasuries are comming down, but also the risk-premium spread to 30Y fixed will normalize as the perceived risk of a housing market crash is shrinking.

Don't look now but the 10 Year US Treasury is dropping like a rock over the past week currently hovering below 4.1% ahead of the FED Rate decision. 

Our commercial loan is based on the 5 year continuous maturity treasury note plus a spread of 2.25%.  

The key features that make it more efficient that are hard to replicate else where is that the interest is simple interest similar to commercial loans (rate/365Xbalance daily), there’s a 20 day grace period before the prior period’s accrued interest is billed/added to your balance outstanding so you can keep chipping away at your daily principal balance with your deposits from days 1-19th each month before prior month’s interest is even billed (on the 20th/21st usually).The current CMT or constant maturity treasury index is less volatile than prime index that most heloc’s are based on (most bank commercial lines are based on 3-5 year FHLB + 225-275 BPS or 2.25-2.75% margin).

He's having a post symposium meet up at Tuscany Suites & Casino at Marilyn's Cafe at 7am tomorrow.

True, the banks DO have trillions of dollars lying around but they aren't lending it because they can make risk free money by buying treasuries from the Fed at lower interest rates.

Even US treasuries and savings accounts offer no guarantees.As for FNRP, specifically.  

Over the last several years casinos have went up, Ford Field (Lions) and Comerica Park (Tigers) were erected and people who loved the city began brainstorming how to revive it.More recently, Little Ceaser's Arena (new home of Pistons and Red Wings) construction started and is due to open Sept this year.

@Jennifer LexonEducate yourself while your money makes 5% with Treasuries.

It's just not sustainable.If your goal is strictly cash flow, which is completely amiss the underlying purposes of investing then go buy a treasury bill.