Prospective American homebuyers of all age groups expected that mortgage rates would continue to rise, according to a nationally representative survey conducted in July 2023. Among the youngest generation (18 to 34-year-olds), the share of respondents who believed interest rates would rise further in the next 12 months outweighed the share of respondents who believed interest rates would decrease by 30 percent.
Prospective homebuyers' opinion about mortgage rates' development in next 12 months in the United States from January 2011 to July 2023, by age group
Characteristic
18 to 34
35 to 44
45 to 64
Over 65
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Fannie Mae. (August 7, 2023). Prospective homebuyers' opinion about mortgage rates' development in next 12 months in the United States from January 2011 to July 2023, by age group [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1407576/mortgage-rates-development-expectations-usa-by-age/
Fannie Mae. "Prospective homebuyers' opinion about mortgage rates' development in next 12 months in the United States from January 2011 to July 2023, by age group." Chart. August 7, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1407576/mortgage-rates-development-expectations-usa-by-age/
Fannie Mae. (2023). Prospective homebuyers' opinion about mortgage rates' development in next 12 months in the United States from January 2011 to July 2023, by age group. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1407576/mortgage-rates-development-expectations-usa-by-age/
Fannie Mae. "Prospective Homebuyers' Opinion about Mortgage Rates' Development in next 12 Months in The United States from January 2011 to July 2023, by Age Group." Statista, Statista Inc., 7 Aug 2023, https://www.statista.com/statistics/1407576/mortgage-rates-development-expectations-usa-by-age/
Fannie Mae, Prospective homebuyers' opinion about mortgage rates' development in next 12 months in the United States from January 2011 to July 2023, by age group Statista, https://www.statista.com/statistics/1407576/mortgage-rates-development-expectations-usa-by-age/ (last visited August 24, 2024)
Prospective homebuyers' opinion about mortgage rates' development in next 12 months in the United States from January 2011 to July 2023, by age group [Graph], Fannie Mae, August 7, 2023. [Online]. Available: https://www.statista.com/statistics/1407576/mortgage-rates-development-expectations-usa-by-age/