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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 cnn, faith-estimate, help-consumers, helping-buyers, makes-obtaining, money, over-the-past, settlement-fees