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Published: Dec 18, 2020 6 min read
Money; Getty Images

New single-family housing starts ticked up last month — good news in a housing market that is in dire need of new inventory.

Meanwhile, today's mortgage rates dropped by 0.48 percentage points after Freddie Mac announced a new record low.

Today's Mortgage Rates

The average rate for a 30-year fixed-rate purchase mortgage was 3.055% on Thursday. On Wednesday, the average rate was 3.103%.

Money's mortgage rates include data from over 8,000 lenders across the United States and are updated daily. These rates include discount points and represent what a borrower with a 20% down payment and 700 credit scores — roughly the national average FICO score — would have been quoted.

Rates are subject to change. All information provided here is accurate as of the publish date.