Topic: Home Refinancing

Reverse mortgages harder to get. Is one right for you?

Reverse mortgages granted in 2010 were down nearly a third from levels in 2009, due to stricter regulations and the housing slump. While some see reverse mortgages as a sophisticated tool, many say it's only a last resort.

Suze Orman: Know the risks, rewards of reverse mortgages

Suze Orman says reverse mortgages can look enticing, but they can sink you financially, if you're not careful.

Reverse mortgages are expensive. Try a family loan instead.

Reverse mortgages are too complicated and costly, says a recent report from consumer advocates. One alternative: a private reverse mortgage.

How bankruptcy-proof are you? Find your color.

Every day, 4,200 Americans declare bankruptcy. It’s a stressful experience, but it doesn’t happen out of the blue. There are warning signs along the way. Joan Feeney and Theodore Connolly, authors of “The Road Out of Debt: Bankruptcy and Other Solutions to Your Financial Problems,” have developed a color-coded alert system similar to the government's Homeland Security advisory system. What’s your bankruptcy color?

Refinancing auto loans: Did you know you could?

Refinancing auto loans is not only possible, it's easier and cheaper than mortgage refinancing.

Home equity loan crisis is easing, despite headlines

Home equity loan delinquencies are falling, even as some homeowners refuse to pay their home equity loan or settle for pennies on the dollar.

Lack of consumer confidence? Lackluster spending is also due to a new frugality

Consumer confidence has dropped for the second month in a row. That doesn't bode well for consumer spending or a strong recovery. But what if part of the meager spending trend is because some consumers, such as yours truly, have gotten used to spending less and saving more?

Mortgage rates hit record lows: Will you refinance?

Financial Q&A: How a bank failure affects CD interest

Submit your questions to Steve at: money@csmonitor.com

Reverse mortgages get a boost from Uncle Sam

New rules raise loan limits, lower origination fees.

Financial Q&A: Reverse mortgages can work for many still paying off their homes

Submit your question to Steve Dinnen at: money@csmonitor.com