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Closing day: the final hurdle

Victory is in the air. In a few days, you will sign documents, hand over cash and pick up the keys to your new home. Ah, but don't let your guard down yet. The biggest challenge is yet to come -- closing day -- legendary for costly surprises. Cut the surprises with our guide to closing-day costs.

 
Prepare for closing day and save
What you should know before closing day

Here is a guide to the final steps of reaching your goal: homeownership.
Plus: Tips for saving on fees

 
Are you paying too much?

Bankrate's exclusive nationwide survey reveals how much home buyers pay at mortgage closings. See how your costs compare.
Chart: Closing-cost highs, lows and averages

 
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How to prevent closing-cost surprises
Follow these eight tips to avoid last-minute closing-cost changes or minimize their impact.
 
Beware of closing-day disasters
It's closing day, and the lender hits you with a last-second bill. What can you do?
 

 

 
-- Posted: August 17, 2001
   

 

 
 

 

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National Mortgage Rates
OVERNIGHT AVERAGES
Rates may include points.
30 yr fixed mtg 3.93%
15 yr fixed mtg 3.03%
5/1 jumbo ARM 3.14%



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