People overly panic You got to take a little bit of risk but you can't go overboard.
Don't bet the mortgage payment
Nervous on banks?
- Thread starter Over70irregs
- Start date
Don't bet the mortgage payment
Over70irregs
Well-Known Member
It has it’s a trap written all over it. Never let chaos go to waste.
The last time to your treasury had a big swing like that was right before the crash of 87..
I believe they was the year.
The TD (edit: Treasury Direct) website is horrendous on its best day. Buying I bonds there suuuuuucked but they're the only game in town for them.
I thought you can only buy through treasury direct?
Average rate for a 30-year fixed mortgage also dropped from 6.76% on Friday to 6.57% today. $128 less on the monthly payment for a $500,000 30-year fixed with a 20% down payment.
I shouldn't have shortened it to "TD" since there's already a TD. I meant Treasury Direct.
Well interest rate right now is still cheaper than I bought my house almost 30 years ago and that did not stop me from buying it.
The only difference now that housing is become stupidly expensive.
Yes treasury direct also had issues at the end of October when everybody was trying to buy I bonds before they reset the new rates in November 1st.
If you got 2 minutes take the time red this short article
2-year Treasury yield posts biggest 3-day decline since aftermath of 1987 stock crash
U.S Treasury yields declined on Monday as investors assessed the state of the economy after the collapse of Silicon Valley Bank.
newolddude
Well-Known Member
Babagounj
Strength through joy
Barney Frank blames crypto panic for his bank's collapse. Elizabeth Warren blames Trump.
The rift between Frank and Warren is just a preview of what's to come as Democrats sort out positions on how to respond to the latest banking crisis.
www.politico.com
As long as things went their way, not a peep was heard.
Non liberal
Well-Known Member
I thought it was 93%
Either way it's still very high number
UnionStrong
Sorry, but I don’t care anymore.
Chump change
UnionStrong
Sorry, but I don’t care anymore.
I heard 90% in SVB
Over70irregs
Well-Known Member
Babagounj
Strength through joy
Silicon Valley Bank had 185:1 debt-to-equity ratio flagged in February
The Silicon Valley Bank collapse may have been triggered by a newsletter authored by a tech expert in Texas in the last week of February.
185 to 1 debt-asset-ratio, what could possibly go wrong ?
Over70irregs
Well-Known Member
Cannot bank run hard $ with 0 counterparty risk.
Please tell me why we have a debt crisis? Smh you’re more worried about blaming someone instead of fixing a problem. Both of your outcomes screw yourself, have you not figured that out yet?
The way this bank operated it isn’t even allowed to be FDIC insured!Silicon Valley Bank had 185:1 debt-to-equity ratio flagged in February
The Silicon Valley Bank collapse may have been triggered by a newsletter authored by a tech expert in Texas in the last week of February.www.dailymail.co.uk
185 to 1 debt-asset-ratio, what could possibly go wrong ?
Wally
BrownCafe Innovator & King of Puns
Biden forced to bail out a banking system (and his donors) he endangered
President Biden loves to take credit where it isn’t due. His latest? “Thanks to the quick action of my administration over the last few days, Americans can have confidence that the banking sy…
nypost.com
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