Fewer adults than ever now report than they are paying higher interest rates than they were one year ago, and expectations that those rates will be higher in a year's time are at their lowest level this year.
A new Rasmussen Reports national telephone survey finds that just 15% now say they are paying higher interest rates than they were a year ago. That's down from 22% in July and the lowest finding in over three years of regular surveying on the question. The same number (15%) also report that they are paying lower rates than a year ago, but most (57%) say they are paying about the same rate. (To see survey question wording, click here.)
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The survey of 1,000 American Adults nationwide was conducted on August 11-12, 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.
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The survey of 1,000 American Adults nationwide was conducted on July 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.