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Hubert Rates Going Down Again . . .
March 18, 2020
2:56 pm
Dean
Member
Members
Forum Posts: 288
Member Since:
January 12, 2019
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.
From Hubert's latest email today . . .
.

    We're sorry to share that as of Thursday, March 19 our interest rates are decreasing.
    .
    The new rates are as follows:
    .
    Daily savings - 2.00%
    USD savings - 0.25%
    .
    1-year term - 2.20% average
    2-year term - 2.10%
    3-year term - 2.15%
    4-year term - 2.20%
    5-year term - 2.30%

.

So who'll be next ❓❗
.

P.S.
Thanks Peter for fixing the thread title ... my bad. sf-laugh

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

March 18, 2020
5:04 pm
Doug
British Columbia, Canada
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December 12, 2009
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Dean said
.
From Hubert's latest email today . . .
.

    We're sorry to share that as of Thursday, March 19 our interest rates are decreasing.
    .
    The new rates are as follows:
    .
    Daily savings - 2.00%
    USD savings - 0.25%
    .
    1-year term - 2.20% average
    2-year term - 2.10%
    3-year term - 2.15%
    4-year term - 2.20%
    5-year term - 2.30%

.

So who'll be next ❓❗
.

P.S.
Thanks Peter for fixing the thread title ... my bad. sf-laugh  

Hi Dean,

I don't really like your thread title to be honest; it implies an unfair exasperation with Hubert. Hubert is just responding, late, to market demands. They held out as long as they could. Note that these reductions to 2.00% don't take into account the other 0.75% the BoC has cut, so even without any further 0.75% cut between now and April 15th, it's quite likely we could see all those HISAs currently at 2-2.10% go down to 1.25-1.50%.

In short, I think 1-1.25% is likely to be the new top HISA rate in the next couple months once all the machinations have been completed.

Cheers,
Doug

March 18, 2020
6:29 pm
Dean
Member
Members
Forum Posts: 288
Member Since:
January 12, 2019
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Doug said

Hi Dean,

I don't really like your thread title to be honest; it implies an unfair exasperation with Hubert.

. . .

Cheers,
Doug  

Hi Doug,

The thread title ("Hubert Rates Going Down Again") is a Statement Of Fact ... this was their Second lowering of rates, in less than a Week.

No 'Unfair' exasperation with Hubert was expressed, or implied.

Ciao,
Dean sf-smile

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

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