51% Expect Higher Interest Rates in a Year
While half of Americans expect higher interest rates in the future, fewer are now paying higher rates than they were a year ago.
A new Rasmussen reports national telephone survey finds that 18% of American Adults are currently paying higher interest rates than they were a year ago. That is down from 24% last month and is the lowest finding since November. Just 13% are paying lower rates than they were a year ago. Most Americans (61%) say their interest rates are about the same as last year, up four points from the previous survey. (To see survey questions wording, click here.)
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The survey of 1,000 American Adults was conducted on August 19-20, 2014 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.