<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > rates lower

rates lower

October 14th, 2011 at 08:39 pm

I noticed today that ING lowered their interest rates on their electric orange checking account. They went from .0114 to .0110. Not that big of a change but I am ready to see rates start to rise. I just gave away an old railroad bond dated 1869 and way back then they were paying out 7%. You sure can't live on your interest now a days.

Posted in saving | 3 Comments »

3 Responses to “rates lower”

  1. LuckyRobin Says:
    October 14th, 2011 at 08:51 pm 1318625500
    1318625500

    I am just glad they haven't dropped the savings account rate lower than 1%. I wish they'd raise it. I don't think the economy is ever going to recover until interest rates are reasonable across the boards again.

  2. rob62521 Says:
    October 15th, 2011 at 09:26 pm 1318714008
    1318714008

    I'm with you...I'd like to see savings rates rise and the stock market continue to go up...both of these are killing our savings and investments. My 403b took over a 9k loss since June.

  3. baselle Says:
    October 16th, 2011 at 02:18 am 1318731519
    1318731519

    I'm keeping an eye on mine. INGDirect got bought by Capital One - and I have a bad feeling about it.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]