for some reason REITs have never been a sexy asset class, older investors look at REITs as a weird-bond and wonder why own something with 4-5% dividend when they can own Investment Grade corporates at 5-6% or even recently US treasuries at 5%, and young investors don't even know what they are.yet they acquire class A real estate, the kind you and I can't due to price, the kind that has the best capital appreciation in great areas long term, and they have access to credit at lower rates than us, or they can just print shares and get new capital for free that way, to buy more great properties, They can pay for the best management, they don't ever pay brokerage fees either in or out (have everything in -house), and they generally have much lower risk as most of their portfolios are leveraged at only about 30-40% LTV, and we have zero personal liability when owning them as opposed to the litigation headaches we get with direct RE, and right now they collectively are on sale about 25-50% below their NAVs at lowest valuation since 2008, as opposed to SP500 at all time highs.

I find that the Freddie interest rate is 90% correlated to the prior quarter 10-year Treasury, also shown in the graph.https://mf.freddiemac.com/aimihttps://www.treasury.gov/resource-center/data-chart-center/i...

Different investments help accomplish such like US Treasuries, and Life Insurance Policies. 

Stocks have so far fallen +1% and long dated treasuries are down +1.5%.The market may be starting to realize something else than just inflation.

And given that risk-free Treasuries pay 5.3% now, is a 5% premium over that worth it?

So it started raising questions.I think the rate and terms worry me more than the misspellings, but I would probably pivot from that group. 10 year treasury is at 4.42% right now (as I type this) so 5% is.... doubtful.

It's essential to recognize that mortgage rates are influenced by a myriad of factors beyond the Federal Funds rate, including Treasury bonds, GDP, unemployment, housing demand, and inflation.

I agree FED will continue to raise FED fund rates into Q1/Q2 2023 for sure and they just did another 75BPS as you know and the 10 year treasury dropped 50 BPS + quickly. 

About a year ago I heard rumor of a casino that was to be built in the Victorville or Barstow area.

if you want Zero risk then park in your brokerage account and buy USFR, a wisdom tree ETF, pays 5.39% interest, holds 8 week UT treasury floating rate notes only, so you don't need to worry about FDIC or SPIC insurance as only way US govt doesn't pay is if we get nuked, then you won't much care about Yieldif you ok with mild risk, I put my emergency funds cash into a group of different BDCs i like, these are business development companies (mini-banks) that make loans to small to medium size companies.