April 7, 2016

Who gets divorced in America, in 7 charts – There’s this persistent myth in America that about half of all marriages end in divorce.

30-year mortgage falls to its lowest level in nearly 3 years - “Interest rates on mortgages have fallen for the 3rd consecutive week as Federal Reserve Chair Janet Yellen’s recent monetary policy remarks continue to impact markets.”

The Real Reason Millennials Aren’t Buying Real Estate – Three-quarters of first-time home buyers would rather hold out for a place that will meet their future needs than buy a house they can afford now, according to a new Homebuyer Insights Report. And once they buy, they plan to stay put: 35% of respondents said they hope to retire in the first home they purchase.

March 31, 2016

What You Need to Know About Social Security if You’re Divorced – If you are at the age where you can apply for Social Security, and are divorced, there are a few things you need to know

Mortgage rates flat this week but may be headed lower – Federal Reserve Chair Janet Yellen indicated earlier this week that the central bank should move cautiously in raising rates. The news spurred investors to purchase government bonds, sending yields lower.

Debt Markets: Choppy Trading Has No End in Sight – Bond investors are bracing for a turbulent second quarter as they struggle to reconcile surging U.S. employment with some of the lowest bond yields in years

March 18, 2016

Elder mediation can help families – While mediators have been used for years to help divorcing couples sort out legal and financial disagreements and avoid court battles, elder care mediation is a relatively new and specialized service designed to help families resolve disputes that are related to aging parents or other elderly relatives.

Think Divorce Is Miserable? – Look how bad life can get when divorcees try to retire. Especially when they’re women.

Applying for a Credit Card After Bankruptcy – Filing for bankruptcy typically means taking a big hit on your credit score, but it doesn’t necessarily mean you’re shut off from new credit entirely.

March 1, 2016

United States: Court Enforces Hand-Shake Deal In Mediation – Agreements reached during court-appointed mediation are just as binding as court-sanctioned settlements. For example, the parties in a recent patent-infringement suit ostensibly reached a settlement during mediation, only for one party to recant days later. Giving weight to the neutral-mediator’s view that a settlement had in fact been reached, the Court rejected the recanting party’s about-face and sanctioned it for the additional fees and costs its actions forced its opponent to incur in enforcing the original agreement.

Keep a Divorce From Killing Your Finances – Divorce is obviously a huge emotional experience for everyone involved, but it also takes a toll financially — often on both spouses. The immediate financial burden occurs due to the separation of the household: As couples split, they often wind up doubling their housing, utility, and other ongoing costs. Then, of course, there is the division of assets, which can impede both individuals’ progress toward funding long-term goals like retirement or children’s education.

30-Year Fixed Mortgage Rates Remain Flat; Current Rate is 3.46%, According to Zillow Mortgage Rate Ticker – The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.46 percent, down one basis point from this time last week. The 30-year fixed mortgage hovered around 3.45 percent throughout the week before rising to the current rate.

January 21, 2016

4 Tips for Families Navigating College Financial Aid Amid Divorce – Divorced parents say to prepare early for difficult conversations about paying for college.

Parental Debt May Affect Kids’ Behavior – The type of debt parents accrue might affect their child’s behavior — for better or worse, new research suggests.

As Stock Market Sinks, Mortgage Rates Slide Even Lower – Global stock markets have been in distress since the beginning of the year, and the bond market, seen as a safe haven for investors, has rallied. As a result, yields on 10-year U.S. Treasuries, often a prime indicator for mortgage rates,  have fallen — and mortgage rates have responded in kind, falling for the third week in a row.

January 11, 2016

Social Security & Divorce: Timing IS Everything! – Did you quit your job and become a stay-at-home parent for years while the kids were growing up? Or, perhaps you have always worked, but never earned anything near the salary your spouse made.

Mortgage deals are going, going, but not gone: Why it may not be time to lock in just yet – Banks have started shaving the discount available on variable rate mortgages, but that doesn’t mean it’s time to lock in your mortgage just yet.

Foreclosure Starts Steadily Fall, Drop 10% in October – Foreclosure starts indicate future housing supply and pricing

10 things you should know about reverse mortgages – You’ve probably seen the commercials: Actors tell older adults that they can use a reverse mortgage to access the equity in their homes and live a more financially carefree lifestyle. They say the reverse mortgage will eliminate seniors’ monthly mortgage payments, freeing up that money for other expenses.

College Loan Debt: How Much Is Too Much? – Most students today will graduate with some debt. The key is not taking on more than you can shoulder.

January 6, 2016

10 Tips for Handling Investments and Divorce – Is the end of a marriage the start a financial showdown? Not if you follow these steps.

Family finances: The mortgage outlook for 2016 – Mortgage credit is still tighter today than it was during the lead-up to the housing bust, but it has loosened a little every year since 2009.

Best Debt Bet You Can’t Make – While the latest debt selloff may yield another boom in energy values, many companies will go out of business along the way. If investors buy bonds of the wrong company, or purchase debt that’s too low in a company’s capital structure, they may get wiped out completely, even if oil prices recover eventually.