Closing costs are down

The average cost of closing on a mortgage has dropped by 7.4 percent over the past year, reportsĀ  CNN Money . Based on a recent survey conducted by Bankrate.com, a $200,000 mortgage with 20 percent down might cost a buyer $3754 in closing fees, or $300 less than one year ago.

Posted on August 10, 2012 at 11:48 pm
Dustin Keeth | Category: Blog, Uncategorized | Tagged , , , , , , ,