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Closing Costs for Buying a Home Have Risen Along With Rates

These mortgage fees increased 22 percent from 2021 to 2022. One likely factor is the greater use of discount points to nudge interest rates down. [Source]

Publication Date:

Origin: nytimes.com

Category: Consumer Financial Protection Bureau

Topics: rates, interest, nudge, points, discount, greater, factor, likely, percent, increased, mortgage, These, Rates, Along, Risen, Buying, Costs, Closing

Source: https://www.nytimes.com/2024/03/15/business/home-closing-costs-rise.html