Rates on 15-year, fixed-rate mortgages edged up slightly for the week that ended yesterday, rising to 5.9 percent, up from 5.88 percent. Five-year adjustable-rate mortgages (ARMs) averaged 5.91 percent, up from 5.9 percent the previous week.

One-year adjustable mortgages dipped to 5.4 percent, down from 5.42 percent the previous week.

The mortgage rates do not include add-on fees known as points. Thirty-year and 15-year mortgages both carried a nationwide average fee of 0.4 point. The five-year mortgage had an average fee of 0.6 point while the one-year mortgage carried a 0.7 point average fee.

A year ago, rates on 30-year mortgages stood at 6.32 percent while 15-year mortgages were at 5.97 percent, five-year adjustable-rate mortgages averaged 5.96 percent and one-year ARMs were at 5.41 percent.