August 15, 2014
Is Mediating Prenups a Form of Marital Mediation? – The typical lawyer-proffered prenup says that no (or little) money or assets are to be shared with the other spouse unless the moneyed spouse wants to. Further, generally there is no guarantee or minimum of assets provided to the less-moneyed spouse if the parties are married at the death of the more moneyed spouse. And there are iron-clad provisions preventing a spouse from claiming rights to the deceased’s estate.
30-Year Mortgage Rates Drop Again, Now 4.12%; Homeowners “In The Money” – For the sixth time in 9 weeks, and the twentieth time this year, 30-year mortgage rates are down across all mortgage loan types including FHA loans, USDA loans, VA loans, and conventional loans backed by Fannie Mae and Freddie Mac.
Banks, Financial Firms Load Up on Cheap Debt – Banks and other financial companies world-wide are issuing bonds in the U.S. at a record pace, taking advantage of this year’s surprising slump in interest rates and a brightening outlook for the sector.