Now is a good time to refinance your mortgage, especially if you have an adjustable rate. You may even be thinking about rolling some of your additional debt, like a HELOC or an unsecured loan, into your mortgage. Before you do, though, watch Carmen Wong Ulrich explain all the options and which ones will best protect your assets.

If you have a financial question you'd like Carmen to tackle, post it here in the comments or email us directly at ivcommunity@mail.ivillage.com

Watch Carmen Wong Ulrich's 'On The Money' Saturdays at 8PM ET on CNBC! Find more information on coping with the economy with our Bail Yourself Out resources.