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Mortgage rates for Feb. 26, 2015

Mortgage rates move in anticipation of fed interest rate moves, not in response. So, any change in the outlook for what the Federal Reserve may or may not do can have a pronounced effect on mortgage rates.

Mortgage rates continue their ascent

The 30-year fixed-rate average rose for the third week in a row, climbing to 3.8 percent. It has risen 21 basis points in the past three weeks.

Mortgage Rates Rise for Third Consecutive Week

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates moving higher amid solid housing data on new home sales and house price appreciation. …