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 ...

Closing costs are the associated fees and expenses that are paid when a real estate transaction closes. Both buyers and sellers incur some form of closing costs, but many items can be negotiated. The ...

Closing costs on a home can amount to thousands of dollars. They add up to between 2% and 5% for the buyer and 6% and 10% for the seller. That's a significant cost to factor in when buying a home.

One of the expenses that adds to closing costs is real estate transfer taxes, which cover the cost of transferring a title or deed from the seller to the buyer. However, some states do not charge a ...

Interest in tapping home equity has remained high over the last several years, and for good reason. Thanks to years of rising home values, homeowners are sitting on very high levels of equity right ...

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 ...

Aside from the down payment, your mortgage closing costs — typically due on the date the home sale is finalized — are likely going to be the largest expense as part of the homebuying process. One ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Refinancing your home ...

The rate on a 30-year fixed refinance increased to 6.41% today, according to the Mortgage Research Center. The average rate ...