Homebuyers' opinion on mortgage rates in next 12 months U.S. 2011-2023, by age group
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.