Hubert rate decrease - June 19, 2020 | Hubert Financial | Discussion forum

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Hubert rate decrease - June 19, 2020
June 18, 2020
5:47 pm
Norman1
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The two-, four-, and five-year terms will be dropping:

Rate Update

As of Friday, June 19, a few of our term rates are decreasing. Our high-interest saving rate is staying at 1.80%.

Our term rates are as follows:

1-year term - 1.95% average
2-year term - 2.00%
3-year term - 2.10%
4-year term - 2.15%
5-year term - 2.20%

June 18, 2020
6:38 pm
cruzinalong
Ontario
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They have to remain competitive. No reason to leave them. They probably provide good service.

June 18, 2020
9:48 pm
Norman1
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Hubert is still competitive:

Term Hubert EQ Bank Oaken Peoples
Trust
1 year 1.95%
average
1.70% 1.85% 1.95%
2 years 2.00% 1.80% 1.95% 2.05%
3 years 2.10% 1.90% 2.05% 2.15%
4 years 2.15% 2.00% 2.15% 2.20%
5 years 2.20% 2.15% 2.30% 2.30%
June 19, 2020
8:26 am
Dean
Slocan Valley, West Kootenays, British Columbia
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.
Thanks for that , Norman. sf-smile

None of us here like to see the HISA & GIC interest rates going down, but we have to keep our eyes on 'The Big Picture'.

I've got my fingers crossed ... hoping by this time next year, they might start going back up again.

Time will tell,

    Dean

sf-cool " Live Long And Prosper " sf-cool

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