Where gas prices go, so do interest rates.... least during mid summer

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased last week to 5.48%, up from 5.25% the week prior... Thats almost 3/4% pts higher than in mid May! Is this the market or supply and demand? A little of both. Like the cost of gasoline that seams to always go up just when we are about to embark on summer vacation travels, so goes interest rates.

http://www.zillow.com/Mortgage_Rates/

http://rismedia.com/2009-06-09/mortgage-rates-rise-for-second-straight-week/