Mortgage Closing Costs are Cheaper Today

Dated: 08/10/2012

Views: 1370

The Federal Government is helping you, "Joe Homebuyer" afford a home by making the transaction cost less. The Average closing costs nationally have dropped by 7.4% in just the past year. That means if you aquire a $200,000 Mortgage your average closing costs including Origination fees, Application fees, Credit check fees and the like will be about $3,754.00. Thats about $300.00 less then a year ago. This extra money in your fist is one more reason to look around for your dream home. With the Interest Rates being the lowest ever and the high availablity of homes ready for a willing owner these conditions are as good as they get. 

For comparative examples check out Bankrate.com to see what it cost a year ago and today!

Happy Shopping!

Want to Advertise on this Site?

Latest Blog Posts

HALLOWEEN SAFETY TIPS

http://www.healthychildren.org/English/safety-prevention/all-around/Pages/Halloween-Safety-Tips.aspxHalloween Safety TipsHalloween is an exciting time of year for kids. Here are some tips from

Read More

GREAT OUTDOORS

https://porch.com/resource/the-great-outdoors?_cldee=bWV0cm9wb2xpdGFuZGlnc0BnbWFpbC5jb20%3d&recipientid=contact-d2b9d7ce9c6b4c6da6c855628abffbaa-4a3b33911df34533af494d808990423f&esid=4ebeecce-65eb

Read More

Best Apple Picking In NJ

The beginning of fall is my favorite time of the year.  The cooler weather, the foliage and apple picking!  One of NJ's best kept secrets is it's abundance of orchards and farms filled;

Read More

Fun Facts About First Time Buyers

Downloaded from http://www.dotloop

Read More