Mortgage rates of interest are always higher than what CD rates are....
Matt and I had almost a 20 year period where we earned near nothing on our savings which sucked wind from here to high heaven, yet....while under the Reagan, Carter inflation, my parents became millionaires with earning 10%- 20% interest on their savings in CDs, their money doubling every 7 years or so with compound interest.... in the same period the hubby and I had our first mortgage at 13.5% interest rate.
Different generations all have been dealt their ups and downs....
