Mortgage rates moved higher for third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.14 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points. 

The average 15-year fixed mortgage rate increased to 3.34 percent, while the larger jumbo 30-year fixed mortgage rate inched higher to 4.14 percent. Adjustable rate mortgages were mixed, with the 5-year ARM climbing to 3.18 percent and the 7-year ARM sliding to 3.51 percent.       

As 2013 came to a close, the average 30-year fixed mortgage rate was 4.69 percent. At that time, a $200,000 loan would have carried a monthly payment of $1,036.07. Mortgage rates have moved lower thus far in 2014, and with the average rate now 4.14 percent, the monthly payment for the same size loan would be $971.04, a savings of almost $65 per month for anyone that waited. 

SURVEY RESULTS 

30-year fixed: 4.14% -- up from 4.10% last week (avg. points: 0.28)

15-year fixed: 3.34% -- up from 3.27% last week (avg. points: 0.15)

5/1 ARM: 3.18% -- up from 3.17% last week (avg. points: 0.13)

For a full analysis of this week's move in mortgage rates, go to http://www.bankrate.com/mortgagerates.