Last week's flat reading comes as mortgage applications were also little changed during the period, with the benchmark fixed 30-year contract easing two basis points to 6.57%.

Applications to refinance a mortgage, which are more sensitive to short-term changes in interest rates, eased by 0.6% week-on-week, while applications to purchase a home were up 0.5%.

Reporting by Iain Gilbert at Sharecast.com