Banking failure

[fjlip]

Yes to make Sleepy Joe look awake and Dumbocrats to look good managers...

[jazz]

Wow, how did I miss this piece a few months ago.

[beaverdam]

The banks would rather put you into a 99 year mortgage, than take possession of your home.(along with 100's of thousands of other's homes)

It's like renting your house for a lifetime, if it happens to increase in value, you might end up OK, if the price goes down,,, you're SOL.

[helmsdale]

Those would be fixed payment, variable rate mortgages...

Best part is, when they come up for renewal, they'll reset to a max 25yr term. Means guys "making their payment" right now will have to significantly increase their monthly payments when it renews. Can they afford it? Is their house now "under water"? Does the bank require extra collateral or a cash infusion to bring their % liability back into line if the home is worth less than the principal outstanding? Exciting times...

[Guest]

House prices have gone nuts in Saskatoon
No slowdown yet

[furrowtickler]

House prices have gone nuts in Saskatoon
No slowdown yet

Agree , I see near zero “deflation” in day to day life
I am leaning way more to the devaluation of our currency to Passos than anything , well and insane pure gouging now

[Old Cowzilla]

The banks would rather put you into a 99 year mortgage, than take possession of your home.(along with 100's of thousands of other's homes)

It's like renting your house for a lifetime, if it happens to increase in value, you might end up OK, if the price goes down,,, you're SOL.

And we know how renters like to spend money on houses they are ( renting ? ) to keep them in good shape.

[redleaf]

Chopper bearings for 1688 close to $1200. So I don’t think we as farmers are benefitting from all this rampant deflation.

[helmsdale]

Chopper bearings for 1688 close to $1200. So I don’t think we as farmers are benefitting from all this rampant deflation.

Not sure who is your local CNH, but when I login to mine, I'm showing $313.69 per side for kit #B95346. Comes with bearing, rubber ring, collar, bearing flange, lock collar, and 4 new nuts.

[redleaf]

Not sure who is your local CNH, but when I login to mine, I'm showing $313.69 per side for kit #B95346. Comes with bearing, rubber ring, collar, bearing flange, lock collar, and 4 new nuts.

Hmmmm interesting. Where is your dealer. I would like to check that out. I a bit hesitant to say where I picked up my parts because other than price difference on this item I have been pleased with their service.
I guess I should do a little more shopping around.