Freddie Mac said in a press release that their Primary Mortgage Market Survey show mortgage rates have slightly declined leading up to the Thanksgiving holiday.
The rates, though, have yet to rise above four percent since July 23, 2015.
Freddie Mac said in the press release the continued low mortgage rates are helping homebuyer affordability in the face of rising house prices.
The housing market is facing an increase in house prices because of the low levels of inventory in many markets.
The 30-year fixed-rate mortgage (FRM) averaged 3.95 percent on the week that ended on Nov. 25, 2015, down from the previous week's 3.97 percent average, according to the press release.
The 15-year FRM averaged 3.18 percent, unchanged from the previous week.
The Longview News-Journal said that foreign buyers into the 10-year U.S. Treasury bonds in October, which temporarily depressed mortgage rates that have recently risen as the markets return their focus to the Federal Reserve Bank.
Fed officials are expected to raise the federal funds rate, the interest that banks charge each other overnight, for the first time in nearly a decade.
The Longview News-Journal adds that Fed officials said that the 5 percent unemployment rate and the potential for rising inflation levels warrant a rate increase.
The increase would signal an end to stimulus measures that the Fed initiated during the Great Recession.
The Longview News-Journal adds that the crucial short-term rate can influence lending to consumers and businesses.
An increase from current near-zero level could limit borrowing.
Sean Becketti, chief economist, Freddie Mac, said in the press release that the minimal change was due to a quiet week.
"Economic releases over the last week contained no major surprises, and none are expected in the next few days," he said.
Becketti adds in the press release that the only remaining significant reports are the last employment report of the year, which will come out on December 4, 2015.
The other being "the long-awaited FOMC meeting," which will is scheduled on December 15-16.
Freddie Mac adds in the press release that the 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.01 percent this week, up from the previous week's average of 2.98 percent.
The 1-year Treasury-indexed ARM averaged 2.59 percent this week, down from the previous week's average of 2.64 percent.
