Global debt balloons to all-time high of $152 trillion, IMF warns – The world is awash with $152 trillion dollars of debt, according to the IMF, an all-time high which sits at more than double the balance at the start of this century.

Mortgage rates settle in ahead of employment report – Mortgage rates were flat this week despite long-term Treasury yields reversing course.

Will investors flee to bitcoin in times of distress? – With financial markets currently watching the turmoil in the European banking system, and with Deutsche Bank’s problems to the fore, does bitcoin provide the safety investors require in times of distress?

Doing What Is Best For Your Child During A Divorce – Parents often get so caught up in the fight that they do not see what they are doing to their children, expert says.

Can You Buy A House With Cash And Then Get A Mortgage? – Here’s the strategy: Buyers liquidate their assets, amass enough cash to purchase the home outright, and then put in an offer as an all-cash buyer. For sellers, all-cash offers are more attractive than ones from buyers who need to finance the purchase.

Is The Fabulous Foreclosure Deal A Thing Of The Past? – Think back to the housing crash days, say 2007 or so, when bargains were to be had and speculators positioned themselves to make millions down the line by scooping up foreclosed “distressed” properties (which were, in reality, the dashed dreams of more than 9 million people who couldn’t weather the housing bubble).

US Credit Card Debt to Top $1 Trillion in 2016 – Americans added $34.4 billion to their credit card debt in the second quarter of 2016, nearly half the total added in all of 2015. Debt holders also paid down just $27.5 billion, the smallest amount since 2008.

Mortgage rates finally break higher: What you should watch – Mortgage rates took their biggest leap in two months on Friday, thanks to a sell-off in the U.S. bond market. Mortgage rates loosely follow the yield on the 10-year Treasury. It was only an eighth of a percentage point move, but enough to send stocks of the nation’s homebuilders, as well as anything else that touches housing, tumbling.

America’s foreclosure generation – Those born in the 1970s have fallen from having a 4% higher than normal homeownership rate in 2004 to a 7% lower than normal homeownership rate today.

Three Ways to Make a Divorce Easier on Your Kids – Divorces are never easy, even if they’re quick and amiable, and if you have kids you want to do whatever you can to make the whole situation as easy as possible on them. Here are three ways to lessen the impact of a divorce on your kids.

Mortgage rates wander higher but remain near yearly lows – The market composite index — a measure of total loan application volume — rose 2.8 percent from the previous week. The refinance index increased 4 percent, while the purchase index ticked up 1 percent.

WHY IT MATTERS: Debt – THE ISSUE: The federal government is borrowing about 1 out of 7 dollars it spends and steadily piling up debt — to the tune of about $14 trillion held by investors. Over the long term, that threatens the economy and our pocketbooks.

Modern divorce: the new rules of splitting up – The end of the summer holidays is a peak period for breakups. But now couples are looking for fast and amicable ways to avoid being mired in the blame game, will the law finally catch up?

How to Retire Without a Mortgage – For many individuals, their house represents one of the largest assets in their portfolio. Yet hanging on to a home in retirement, especially one still requiring mortgage payments, may drain your budget.

When a Collector Calls About a Debt You (Possibly) Don’t Owe – Getting a call from a debt collector is always worrying. But it’s even more unsettling when the collector is calling about a bill you don’t remember owing.

The First Thing You Must Do When Your Divorce Is Final – While of course you don’t plan ahead for a divorce, if your marriage ends you should immediately take steps to ensure your interests are protected and your estate plan reflects your new marital status.

How much college debt is too much? Here’s your answer – With college loan debt, gauging how much is too much is often a matter of location. If you’re in a city where you can’t find a decent-paying job — or the cost of living is high — the amount of debt can be crushing.

Mortgage rates for Monday, August 15 – Mortgage rates are mixed today The average rate on 30-year fixed mortgages fell, the average rate on 15-year mortgages fell and the average rate on 5/1 ARMs rose.

Divorce continues to take a psychological toll on kids – Divorce rates are down, with marriages becoming more enduring in the last decade. But are we getting any better at managing the effect on children?

Explainer: Municipal bankruptcy – There are some legal reasons. For one thing, Chapter 9 bankruptcy wouldn’t apply, as states are their own sovereign governments, not legal corporations like municipalities. Also, if a state declared bankruptcy, it would be under control of a federal court, which would violate the state’s rights clause in the Constitution.

US household debt rises to $12.29 trillion in Q2: NY Fed survey – U.S. household debt hit $12.29 trillion in the second quarter, up $434 billion from a year earlier as auto loans and credit card debt increased, a Federal Reserve Bank of New York survey showed on Tuesday.