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Author Topic: When will LC next raise rates?

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When will LC next raise rates?
OP: April 06, 2017, 11:00:00 PM
I'm gonna run this for 23 days, which I presume makes it end on Apr 30.  I will end it sooner if LC raises rates before then.
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R
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When will LC next raise rates?
#1: April 07, 2017, 11:00:00 PM
I replied June 16-30, just after the FOMC meeting June (13-14).
If I remember the last time LC raised rates was just after a FOMC meeting when they raised the Fed Funds rate.
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r
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When will LC next raise rates?
#2: April 07, 2017, 11:00:00 PM
Did they raise rates after the most recent rate hike?
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J
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When will LC next raise rates?
#3: April 08, 2017, 11:00:00 PM
I think raising rates will have little to do with the Fed and more to do with supply/demand competition, etc.

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T
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When will LC next raise rates?
#5: April 17, 2017, 11:00:00 PM
I'm having a case of "poll respondent's remorse" not unlike "buyer's remorse" without any real money involved.
Sure, the Fed has raised it's funds rate, but Treasury bills, notes and bonds of all duration's have dropped to pre-election yields.

For interesting reads see:
https://www.advisorperspectives.com/dshort/updates/2017/04/17/treasury-snapshot-yields-down-to-november-levels
https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yieldYear&year=2017

We live in interesting times and this seems to be one of those moments.
Animal spirits appear to be dying. The Fed seems to be "pushing on a string" (a phrase from days gone by).
I'll be surprised if LC raises rates before 10 Year Treasury Notes close at a new 2017 high (yield that is).
However, I'm also surprised LC is able to find lenders at current rates so go figure. I'm not one of them.

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T
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When will LC next raise rates?
#8: April 19, 2017, 11:00:00 PM
I spent a few minutes on the wayback machine to try to find the index, but couldn't.  Perhaps I am misremembering or just can't locate the right historical page.
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T
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When will LC next raise rates?
#10: April 19, 2017, 11:00:00 PM
That is it! Thanks for finding it. I know I've noticed anecdotally Lightstream and other bank consumer lenders increased their rates. But bank deposits haven't moved much yet


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j
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When will LC next raise rates?
#13: April 19, 2017, 11:00:00 PM
This may be a stupid question, but for the "average" person where FDIC limits are not an issue, is there any reason to look at T-Bills vs the 1.05-1.25% online savings accounts?  I'm assuming there is nothing really that could really happen to the trade value in 1-3 months that would make them a selling opportunity right?  I've been shifting more money out of stocks lately as I've been taking some profits and I just haven't be able to get myself to put them in any bond funds and nothing else seems worth it over the online savings rates lately.
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