Homebuyers paid an average of $4,661 in closing costs on purchase mortgages last year, according to a new report from LodeStar Software Solutions. The company released its first-ever purchase mortgage ...
Homebuyers continue to be saddled with high mortgage rates, which have been hovering close to 7%. However, mortgage applications have ticked up 12.5% for the week ending June 6 after three straight ...
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Who pays closing costs — the buyer or the seller?
Closing costs are the associated fees and expenses that are paid when a real estate transaction closes. Both buyers and ...
Among the standard upfront expenses of buying a home that may surprise you are the closing costs. These fees, separate from your down payment, include the cost of services for things like your home ...
SCOTTSDALE, Ariz. – Homebuyers are paying less in closing costs. As mortgage rates have lowered, closing costs have dropped 7 percent in the past year. “I’ve been doing this 19 years,” said Valley ...
Many new home buyers hear this term thrown around but don't really pay much attention to it until it's almost time to close. It’s important to keep these costs in mind early on in the process so you ...
Most buyers spend months planning for their down payment—but closing costs? Those can fly under the radar until the very end. From loan processing to title work to last-minute “surprise” fees, closing ...
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