The Third House of a natal chart is a cadent one, traditionally ruled by Gemini and its ruling planet Mercury. It is considered to be the house of intellect and of all low-level knowledge that a native obtains in his life. In addition, it rules brothers, sisters and relatives, while also everyone else that is close to the native such as neighbors. Communication, transport and skills are also represented in this specific part of the natal chart.
My third is ruled by Sagg. Cap Mars is there. All I know is that my communication style is too aggressive for some people. And I think about philosophy a lot.
I have my moon in the third house in pisces (mutable on mutable) and I am a sag rising so aquarius is in the third house.
One thing I have noticed about pisces moon in the third house is that I am always having to communicate my emotional state and communicate about every day things that cause a stir in me to those closest to me.
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More information can be found at http://freespiritedmind.com/blog/the-3rd-house-in-astrology/