Mortgage rates on upswing

Rates on 30-year fixed-rate mortgages averaged 6.13% this week, up from 6.03% last week, according to Freddie Mac, the government-backed mortgage finance company.

Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose to 5.60% from 5.47% last week. For five-year adjustable-rate mortgages, rates rose to 5.58% from 5.34%. One-year adjustable-rate mortgages averaged 5.14%, up from 4.94% last week.

These rates do not include add-on fees known as points. For 30-year and 15-year mortgages, the nationwide average fee was 0.5 point, while five-year mortgages carried a 0.6-point average fee and one-year mortgages had a 0.7-point average.