Closing Costs

Closing costs are the thousands of dollars in fees associated with getting a mortgage or refinancing a home loan and typically amounts to 2 percent to 5 percent of the loan principal but can vary by state.

Latest Closing Costs Articles

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    Inspection report

    An inspection report is important to many buyers of property. Bankrate explains what it is.

    2 min read Aug 08, 2019
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    Starter home

    Starter home is a term prospective homeowners should understand. Bankrate explains it.

    1 min read Apr 22, 2021
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    Closing statement

    Closing statement is an important term to understand. Bankrate explains it.

    1 min read Oct 21, 2019
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    Discount point

    Discount point is a money term you need to understand. Here’s what it means.

    1 min read May 12, 2020
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    Settlement statement

    You need to understand what a settlement statement is. Here’s what to know.

    1 min read May 12, 2020
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    Trust account

    Trust account is a money term you need to understand. Here’s what it means.

    1 min read Feb 07, 2020
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    Seller’s market

    Seller’s market is a money term you need to understand. Here’s what it means.

    1 min read Oct 23, 2019
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    Purchase agreement

    Purchase agreement is a money term you need to understand. Here’s what it means.

    2 min read Jan 07, 2022
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    Closing costs

    Closing costs is a term every homebuyer and seller needs to understand. Bankrate explains.

    2 min read May 12, 2020
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    Cash-out refinance

    Cash-out refinance is a money term you need to understand. Here’s what it means.

    1 min read May 12, 2020
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