Fixed mortgage rates rose again for the third week in a row, according to the May 23 results of Freddie Mac’s Primary Mortgage Market Survey(R) (PMMS®), putting pressure on refinance momentum.

The May 16 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows fixed-rate mortgages moving higher for the second consecutive week, up from record or near-record lows a couple of weeks ago.

The results of Freddie Mac’s Primary Mortgage Market Survey(R) (PMMS®) released May 9 show average fixed mortgage rates reversing their recent trend and moving higher for the first time in six weeks.

The May 2 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates moving lower for the fifth consecutive week. The 30-year fixed-rate mortgage at 3.35 percent is just above its all-time record low of 3.31 percent set the week of November 21, 2012. The 15-year fixed-rate mortgage set a new all-time record low at 2.56 percent.