who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they want higher rates, they often have to shop around and move their money. in the united states, the world s biggest economy, you can see the difference. the average interest rate for someone wanting to take out a 30 year mortgage is around 7%. but the average rate for savers? it s a lot less. just 0.35% a year. so, if you put $1,000 into the bank, you would earn just $3.50 in interest. in europe, it s a similar story. the average interest rate you have to pay if you want to borrow money to buy a house is around 3%. however, for savers, you re still only getting an average of a tiny one tenth of a percent in an instant access savings account. and here in the uk, the average mortgage for a variable rate in other words, one that tracks the market is just over 7%. but the average rate that savers get is around
wherever your arejoining me from around the world, once again a big hello and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they want higher rates, they often have to shop around and move their money. in the united states, the world s biggest economy, you can see the difference. the average interest rate for someone wanting to take out a 30 year mortgage is around 7%. but the average rate for savers? it s a lot less. just 0.35% a year. so, if you put $1,000 into the bank, you would earn just $3.50 in interest.
dana: 22-year-old went missing while free diving off the coast of key west. that was last week. after the current swept him away from his boat family and friends searched for hours fearing the worst. they found him clinging to a buoy and pulled him to safety and he grew up in the area so he said he was pretty familiar. the current had taken him way out and he had swam back two miles or something. bill: no gps tracker or anything on him? dana: not on him. it was a good news story. bill: looks like we re coming on sunset. a long night. pain at the pump is back if you ve noticed. average price for a gallon of gas going up $0.35 in a month hitting 3.44 across the country. the administration says the problem is out of their hands. not what they said before. fox business and more north lawn, grady trimble.
smaller, they are bigger. suddenly it does not fit on the bun. here is a good one for you, those little ketchup packets, those are up to 30-$0.35 each. if you could get them. let s say you can t get them, now you get bulk ketchup, what do you put the ketchup in? you have to have something on the play to put the ketchup in. now you can t get that. than the play you have is not big enough for the sandwich it keeps compounding itself. it is a battle for a restaurant just to get the product out today in a consistent way. jesse: do you feel that having to raise prices on your customers? it must break the hearts of a lot of these restaurant owners that see the same people come in and out every week, same families, and they are struggling, too, but if you do not raise prices you are not going to be able to stay in business, and that that right? we have families, too, so customers paying high fuel
to a clock p.m. on i-85 in atlanta, congestion could be more than twice the normal. coming home again on sunday, try to avoid driving from 4:00 p.m. until 8:00 p.m. the key is to be conscious of leaving at a reasonable time where you know traffic should be a little bit better. it is not going to be light, it s not going to be great but it should be better. reporter: traffic, one of the top concerns for drivers is the cost of gas. patrick dehaan of gas buddy says a little bit of planning goes a long way with prices on average $0.35 higher than a year ago. s and crossing the border from arizona and california, gas prices can spike by more than $1.00 per gallon. of motorists are taking to the road for road trips, i would advise him to shop around. they could be leaving low gas prices behind or, the low gas prices could be right in front of them. one more warning about driving. airports are worried they may run low on parking spaces. you can probably tell because of the grant we a