Ultra-low interest rates have helped the average American to save more than $3,000 a year, according to a USA Today analysis.
Interest payments on mortgages have contributed to some of the largest savings. USA Today reports that mortgage interest payments have fallen 30 percent since peaking in 2007.
According to the Bureau of Economic Analysis, Americans spent 5.8 percent of their after-tax i...
Ultra-low interest rates have helped the average American to save more than $3,000 a year, according to a USA Today analysis.
Interest payments on mortgages have contributed to some of the largest savings. USA Today reports that mortgage interest payments have fallen 30 percent since peaking in 2007.
According to the Bureau of Economic Analysis, Americans spent 5.8 percent of their after-tax i...