The financial system is still too risky. Step one toward fixing that: Rethink mortgages.

Q: I have a $23,000 second mortgage with a high interest rate—8.25%. Should I refinance both my mortgages into one to save money, and at what term? — Jim Davis, Weymouth, MA A: One of...

There's a reason why most condo sales are in cash. It's harder to get a mortgage for a condo than a home. Even if you do, you'll pay more.

Housing accounts for the biggest part of your costs in retirement. So spend wisely.

Average mortgage rates edged up a hair to 4.14% with an average 0.5 points from last week's 4.12%, according to Freddie Mac data. That's up from 3.91% a year ago. Related: Which Mortgage is Right...

Q: My home value has gone up since I bought in 2012. Should I refinance and pay about $4,000 in closing costs to eliminate my private mortgage insurance? -- Joi Marquez, Las Vegas A: When...