June 28, 2019

Divorces spike in the summer. Here’s how to prepare for the end, experts say – Divorce filings consistently tick up in August and March, according to a study presented in 2016 at the American Sociological Association. The research, done by University of Washington sociologists, analyzed filings in Washington state between 2001 and 2015 and found the biannual pattern.

Is a personal loan the best way for you to tackle debt? – A 2018 report found that Americans collectively carry $13.29 trillion in debt, which is $618 billion higher than 2008’s peak of $12.68 trillion.

Mortgage Rate Dips Again, Pointing to a Rise in Refinancing Risk – Thirty-year mortgage rates have fallen this week to their lowest levels since late 2016, handing cheaper borrowing costs to homeowners and greater risks to the money managers that invest in home loans.

May 10, 2019

The unique impacts of divorce on business owners – It’s no secret that divorce disrupts not just family and personal life, but also financial stability. In the case of small business owners, these effects are often felt even more acutely.

Trade tensions push mortgage rates lower for second week in a row – Concerns about the U.S.-China trade feud pushed mortgage rates lower this week.

What’s The Difference Between A Short Sale And A Foreclosure? – At first glance, a foreclosure and a short sale can seem similar. After all, they both occur when you’re having trouble covering the costs of owning your home. However, if you’re facing one of these two scenarios, you need to know that some important differences exist between them. I’ve laid them out below. Keep reading to learn how they both work and what those differences could mean for you.

January 21, 2018

15 Surprising Traits That Make Couples More Likely to Divorce – The predictors of divorce are not necessarily what you might think, according to Heather Z. Lyons, PhD, a licensed psychologist and owner of Baltimore Therapy Group in Baltimore, Maryland. “When a couples counselor sees a couple in high distress, that doesn’t necessarily mean that they’re more likely headed for divorce than the couple who seems less worried, vocal, or argumentative,” she says. So, if shouting isn’t the final straw, what is? Infidelity, domestic violence, and substance abuse are the three most common reasons, according to a study published in the journal Couple and Family Psychology. Here are more signs a split may be on the way — plus some guidance about how to get back on track.

7 Bankruptcy Stocks to Watch in 2019 – It doesn’t matter if times are tough or if they’re great, there are still going to be companies that go belly up. A perfect example? Look at 2008 vs. 2018. Just 10 years apart and look at how much has changed. Yet bankruptcy stocks are still popping up all over the map, and there’s not much investors can do about it: bankruptcy happens.

Lenders cut mortgage rates to give a kick-start to 2019 – First-time buyers and homeowners remortgaging their properties have been given some good news at the start of the year as a number of lenders have cut their rates in an increasingly competitive market.

January 11, 2019

Why now is the worst time to start a divorce – If Jeff Bezos was getting divorced in the UK, he would have just made one hell of a tactical mistake — one that, assuming he has to transfer an awful lot of Amazon shares to his soon-to-be ex wife, would have cost him many millions of dollars.

Can You Settle Student Loan Debt? – When you took out a student loan to pay for school, you probably didn’t expect it to go into default. But more than 1 million federal student loan borrowers default each year, according to the Urban Institute, a think tank focused on economic and social policy research.

Mortgage Rates Hit Lowest Point in Nine Months – Mortgage rates fell again in the latest week, hitting their lowest point in the past nine months for both 15- and 30-year products, a move that could propel more activity in the U.S. housing market.

January 4, 2019

What you need to know if you are considering getting a divorce in 2019 – A New Yorker cartoon famously pictures two young children admiring their Christmas tree. Presents are stacked so high, the tree is barely visible. The older child sagely says to her younger brother, “Cherish this moment, because clearly our parents are getting a divorce.”

Mortgage applications plummet nearly 10% to end 2018, despite lower rates – Mortgage interest rates fell to the lowest level in four months, but that did nothing to spark activity in the mortgage market.

12 housing markets where foreclosures are spiking – Foreclosure activity is down nationwide from a year ago, but certain local housing markets tell a different story.

December 18, 2018

Divorce Tax Rule Changes Under Trump Have People Rushing To Split Up Before The New Year – The end of one year and the beginning of another can bring a lot of changes, but for married couples who are splitting up, 2019 stands to come with new financial obligations. A survey released last week by the American Institute of CPAs shows that, because of divorce tax rule changes under Trump that will take effect in January, divorcing couples are rushing to complete their legal separations.

Before you retire, pay off that debt – How you manage debt could have a big impact in how your retirement dreams play out.

9 Housing and Mortgage Trends to Watch for in 2019 – It’s going to be a challenging year for home buyers in 2019: They will continue to compete for a short supply of homes. Home prices and mortgage rates are likely to keep moving upward, bruising affordability.