50% Expect Higher Interest Rates Next Year
Though a majority of Americans say they’re paying the same interest rates as they were last year, half think the rates they’ll be paying a year from now will be higher.
The latest Rasmussen Reports national telephone survey of American Adults finds that 50% believe they will be paying higher interest rates one year from now. Only six percent (6%) think interest rates will be lower next year, while 31% expect them to be about the same. Fourteen percent (14%) are not sure. (To see survey question wording, click here.)
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The survey of 1,000 American Adults nationwide was conducted on January 8-9, 2012 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.