What are the current trends in interest rates?
An example of an AI chatbot conversation about current trends in interest rates.
What are the current trends in interest rates?
Interest rates have been rising recently due to inflation concerns and central bank policies. Would you like to know more about specific rates?
Yes, what are the current rates for mortgages?
As of now, mortgage rates are averaging around 6.5% for a 30-year fixed loan. This is higher than last year. Are you considering buying a home?
I am! How do these rates affect my purchasing power?
Higher interest rates can reduce your purchasing power, as they increase monthly payments. Would you like tips on how to navigate this?
That would be great, thank you!
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