first ontario credit union drops interest rate to 1.80% | General comparisons | Discussion forum

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first ontario credit union drops interest rate to 1.80%
December 13, 2012
2:38 pm
doc
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first ontario drops interest rate from 2% to 1.80% need more banks to come to canada to keep up interest rates.

December 14, 2012
3:57 pm
kilarney
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we need a government with the guts to allow rates to rise to stem the flow of crazy cheap money which allows the balloon to be pumped more and more full. TRILLIONS of dollars in over inflated mortgage money is now in play. The longer rates stay low the more house prices rise and the more we are exposed to a crash. No incentive is present to get people to save for retirement or anything else.... Just borrow as much as you need!!!!

December 14, 2012
5:47 pm
James
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Hi, thanks for these notices. Just wanted to clarify: the topic category is 'Peoples Trust' but this information is about the First Ontario Credit Union.

December 15, 2012
6:21 am
Peter
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James said

Hi, thanks for these notices. Just wanted to clarify: the topic category is 'Peoples Trust' but this information is about the First Ontario Credit Union.

Thanks for pointing that out. I've moved this thread to the general forum now!

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