Sixty percent of millennials say that they would feel anxious if mortgage rates were to rise, this according to a new survey by BHHS. Quartz staffer Alison Griswold reports on why millennials fear this rate hike more than any other generation. 

Griswold notes that many millennials are anxious about the rising of interest rates because they find the current historically low interest rates to be normal:

 When asked whether they perceived current mortgage rates to be low, average, or high, 51% of millennials chose “average” and only 14% picked “low.” Somehow, 23% of millennials even said “high.” Among everyone polled, 39% thought rates were low and 38% said they were average.

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