Mortgage rates are down again after the lows of late spring. Right now, 15-year loans will save you as much as three-quarters of a point over a 30-year loan. 15-year loans are running about 4.5% or lower right now. (Editor's note: Rates accurate as of Aug. 31, 2009.)

Of course, you'll need to have good credit and a substantial amount of equity in your home.

Let's say you only have good credit but no equity. You still may be able to refi through the MakingHomeAfforable.gov program -- even if you owe up to 125% of your home's current value.

The biggest problem right now is that it takes longer to get loans closed and you may see more junk fees. Good rates are a mirage if a bank can't execute your refi or they fee you to death in the process.

Speaking of fees, the giant banks continue boosting theirs on savings and checking accounts. You may see a monthly fee of $6-$12 if you have a low balance. That's when you should consider firing your bank and using a smaller bank or credit union.

Ditto for the low CD rates from the giant banks. The online banks, meanwhile, may give you up to 2% on a 1-year CD and 1.5% on a savings or money-market account.

Looking for a better deal? Clark has two other options for you. Costco has a new special deal on savings for its members. And AAA motorists are eligible for another such deal.

A few caveats, though. First, don't go for 5-year CDs with their current terrible rates. Visit MoneyAisle.com to let the banks compete for your CD business.

Second, do not put more than $235,000 in any account. That will help ensure you're well under the $250,000 limit of FDIC protection. This is especially important for businesses, non-profits, charities and wealthy individuals.

Finally, Clark is sad to say he's read the number of banks in severe financial trouble has risen by a gigantic number. More than 400 banks are reportedly at risk now. But the list is kept secret by the government so it doesn't become a self-fulfilling prophecy. Again, heed the FDIC limits to stay safe.