RM> i.e.. Right now if I needed money I could borrow it on my LOC
RM> at about 6.5% but my investments this past year have mostly
RM> payed on average something over 12%..

AA>It's 10.83 on my LOC.  Pisses me off.  It was around 6% 10yrs ago.  But the
  >bank just arbitrarily increased the rate over the years even though I was
  >paying off the balance well over and above the minimum.

That seems quite high.. Most Banks give average customers Prime +3.5%
which, at the moment, should be about 7.95%..  (CIBC rates)

One way I originally got my rates lower was having investments and
allowing the bank to secure my LOC with them. It slows down changing
investments but way back when I first set that up it dropped my
LOC interest from Prime +3% to Prime +0.75%. I used my LOC a lot
more back before I had guaranteed pension money coming in.

Unfortunately a couple of years later when the banks crashed
somewhat they bumped that up to Prime plus 1.75%, but still
much better than most people were paying..

Now I have a lot more investments with them and a good history
with some medium-high people in the bank and when I complained
about the secured Funds slowing things down, the investment manager
I was dealing with called the head office to see what the best rate
they would give me if it wasn't secured. That came back at Prime
plus 2.24%.. I was there for that phone conversation and when
she hung up and said she could give me Prime plus 1.99%.

I said, I thought they said +2.24%, and she said, yes, but she
has enough pull in the branch to lower it by another .25%..
So it helps to know people..   B)

(Current Bank Prime is at 4.45% so I'd pay 6.44% on my LOC)

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 * SLMR Rob  * An electrician gets into people's shorts!
 * Origin: Capitol City Online (618:250/1)