The Federal Open Market Committee will announce its next scheduled decision on interest rates on December 18. A rate cut is likely but far from certain.

These are today's mortgage and refinance rates. If the Fed ends up keeping rates steady next month, we could see mortgage rates tick up slightly.

Rate movement for other mortgage types was mixed Monday, though no rate averages moved more than 4 basis points. Because rates vary widely across lenders, it's always smart to shop around for your best mortgage rate and compare rates regularly,

South Africa’s latest inflation figure fell below the Reserve Bank’s target range, boosting the chances of an interest rate cut.

South Africa's inflation rate dropped sharply in October to its lowest level since the peak of the COVID pandemic, data showed on Wednesday, buttressing expectations for another interest rate cut by the central bank this week.

South Africa’s inflation rate declined to a more than four-year low, heralding another reduction in borrowing costs on Thursday.