Why are mortgage rates up but interest on your savings isn’t? What to know after Fed hikes

By David Lightman, Hanh Truong, The Sacramento Bee (TNS)
Posted 9/14/22

Why are you getting virtually no interest on your savings?After all, mortgage interest rates are nearly twice as high as they were at the start of the year, thanks largely to the Federal Reserve’s …

Sign up to keep reading — IT'S FREE!

In an effort to improve our website and enhance our local coverage, has switched to a membership model. Fill out the form below to create a free account. Once you're logged in, you can continue using the site as normal. You should remain logged in on your computer or device as long as you don’t clear your browser history/cookies.