Are You Earning More in Your Savings Than What You're Paying on Your Mortgage?

Are You Earning More in Your Savings Than What You're Paying on Your Mortgage?

Is your mortgage interest rate lower than your savings account rate? In mid-2020, mortgage rates began dropping to record lows. Of course, back then, savings account interest rates were largely abysmal; a lot of banks weren't even paying close to 1% interest on money in savings or a certificate of deposit.