India, Aug. 25 -- Mortgage rates went up this week, making home loans slightly more expensive for buyers. The average rate for a 30-year fixed mortgage rose to 6.73%, from 6.63% last week. This means the rate increased by 0.10 percentage points in one week.

The 30-year fixed mortgage is the most common home loan in the US. So, the higher rate could affect many homebuyers. At a 6.73% rate, a $100,000 30-year fixed mortgage would cost about $647 a month in principal and interest.

The average rate for a 15-year fixed mortgage also went up. It rose to 5.87% from 5.78% last week. This was an increase of 0.09 percentage points in one week, according to the Mortgage Research Center.

Jumbo mortgage rates also moved higher. The average rate for...