New Interest Rate for Security Deposits Effective 3/1/24

New Interest Rate for Security Deposits Effective 3/1/24 The rate of interest owed on deposits for the period March 1, 2024 through February 28, 2025 is 5.2%. The rate of interest owed on deposits for the period March 1, 2023 through February 29, 2024 is 2.3%. Security deposits can sometimes be described as “move-in fees,”…