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48% Expect Higher Interest Rates Next Year

Friday, November 21, 2014

While most Americans say their interest rates haven’t changed over the past year, roughly half still expect them to go up over the next 12 months.

A new Rasmussen Reports national telephone survey finds that just 19% of American Adults say they’re paying higher interest rates today than they were a year ago, in line with surveys the past few months but down from 24% in June and July.

Twelve percent (12%) are paying lower rates than a year ago. Most Americans (63%) say their interest rates have stayed about the same, also in line with recent surveys. (To see survey questions wording, click here.)

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The survey of 1,000 American Adults was conducted on November 15-16, 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.

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