Banking

A look at the varieties of savings account available to customers and the benefits and downsides of each.

This article looks at what is happening with mortgage interest rates this week.

If you are looking for a safe and comparatively risk-free way of buying a home and still getting a good price and instant equity, then bank foreclosures are an option you must consider.

The borrower also avoids the public notoriety of a foreclosure proceeding and may receive more generous terms than he/she would in a formal foreclosure.

The term "equity stripping" has sometimes referred to subprime lending refinance practices that charge excessive fees thereby "stripping the equity" out of the home.