Friday, October 17, 2014
Most homeowners say they have not missed nor are they likely to miss a mortgage payment anytime soon. But for those who are struggling to make increased mortgage payments, Americans say they should sell their home and find a less expensive one rather than have the government step in and help.
A new Rasmussen Reports national telephone survey finds that 22% of American Adults believe that if someone cannot afford to make increased mortgage payments, the government should assist them. This is down slightly from August but still above June’s 2014 low. Most (58%) still think people in that situation should sell their home and find a less expensive one. This is down five points from August, but in line with findings from earlier this year. Twenty percent (20%) are not sure, up seven points from August and the highest finding to date. (To see survey question wording, click here).
The survey of 701 Adult Homeowners and 1,000 American Adults was conducted on October 14-15, 2014 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
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