Mortgage rates are up for the third straight week of February, according to a report released by Freddie Mac on Thursday. However, fixed mortgage rates still remain near late May 2013 lows and numbers released by the Federal Housing Finance Agency on Thursday show mortgage rates on a month-to-month basis are down in January. According to Freddie Mac, the 30-year FRM rate increased to 3.8 percent from last week’s rate of 3.76 percent.

U.S. home prices rose for the 14th consecutive quarter by 1.4 percent, according to the Federal Housing Finance Agency's House Price Index released Thursday. The price increase was seen in the purchase-only, seasonally adjusted index in the fourth quarter of 2014.

Bigger is better when it comes to dream homes, according to a report released Thursday by Trulia called “Dreaming Big: Americans Still Yearning for Larger Homes.” According to the report, dreaming of a bigger homes spans all generations with Baby Boomers, Millennials, and GenXers all surveying they want more space.