Average U.S. rates on fixed mortgages changed little and remained above record lows reached earlier this year.
The low rates have assisted in a modest housing recovery.
According to mortgage buyer Freddie Mac, the rate on the 30-year loan decreased to 3.55 percent, down from 3.59 percent last week.
Six weeks ago, the rate dropped to 3.49 percent, which is the lowest since long-term mortgages began in the 1950s.
The average on the 15-year fixed mortgage was unchanged at 2.86 percent.
That’s above the record low of 2.80 percent reached six weeks ago.
This year, cheap mortgages have lifted home sales.
Sales of newly built and previously occupied homes are above last year’s levels.
Prices have increased, largely because the supply of homes has decreased while sales have risen.
Also, builder confidence is at its highest level in five years.