Tag Archives: mortgage costs

Rising Mortgage Closing Costs Pinch Buyers Wallets

Rising home prices aren’t the only thing that may give buyers sticker shock: Mortgage closing costs have soared nearly 6 percent over the past year, according to Bankrate.com The average closing cost on a $200,000 mortgage reached $2,539 nationwide in … Continue reading

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In 2014 Borrowers Face Higher Mortgage Fees

Mortgage giants Fannie Mae and Freddie Mac increase mortgage fees Borrowers will likely see an increase in mortgage fees next spring, particularly those who lack a sizable down payment or have less-than-perfect credit scores. Mortgage giants Fannie Mae and Freddie … Continue reading

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