50% Still Expect Higher Interest Rates A Year From Now
Most Americans continue to say the interest rates they're paying haven't changed over the past year, but half expect those rates to rise over the coming year.
A new Rasmussen Reports national telephone survey finds that 62% of American Adults report paying about the same interest rates as they were a year ago. Twenty percent (20%) say they are paying higher interest rates now, up from 17% in November. Ten percent (10%) are paying lower interest rates than they were this time last year: That's down five points from two months ago and the lowest number who report paying less since April 2011. (To see survey question wording, click here.)
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The survey of 1,000 American Adults was conducted on January 14-15, 2013 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.