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Half of Americans Still Expect Interest Rates to Rise

Wednesday, October 22, 2014

While the majority of adults nationwide say they are paying similar interest rates as they were a year ago, nearly half expect those rates to go up next year.

A new Rasmussen Reports national telephone survey finds that just 18% say they’re paying higher interest rates than they were a year ago, generally unchanged from the previous two months, but down from 24% in June and July. Just 14% are paying lower rates than they were a year ago. Most Americans (60%) say their interest rates are about the same as last year. (To see survey questions wording, click here.)

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The survey of 1,000 American Adults was conducted on October 16-17, 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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