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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What can a personal loan do for you?
Debt consolidation, home improvements and major purchases are the top reasons people choose personal loans. Others include financing a vacation, paying your taxes or paying for medical expenses.
1 min read Jan 29, 2016 -
Guide to the Good Faith Estimate, or GFE: Just the basics
Here’s how to read the Good Faith Estimate of closing costs when you apply for a mortgage.
3 min read Oct 02, 2015 -
Refinance to a 20- or 30-year mortgage?
A 20-year mortgage offers a lower rate, but there’s one reason you might prefer a 30-year.
3 min read Jun 24, 2015 -
Video: Closing costs climb
Mortgage closing costs are up in 2011 according to Bankrate’s annual survey.
Jul 18, 2011 -
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‘First Look’ gives buyers foreclosure edge
Fannie Mae’s ‘First Look’ program helps owner-occupants looking for a deal on a foreclosure.
3 min read Jan 29, 2010 -
Many places to park down-payment cash
There are many ways to gain interest income while saving for a down payment on a home.
1 min read Oct 24, 2008 -
Is agent commission negotiable?
When it comes to real estate agent commissions, you get what you pay for, says Real Estate Adviser.
2 min read Aug 10, 2008 -
Sinking CD yields may not pay mortgage
A homeowner counting on CD yields to pay the mortgage is right to worry, says Dr. Don Taylor.
2 min read Apr 04, 2008 -
Understanding mortgages
Buying a home is fun, getting the right mortgage isn’t. This Financial Literacy series sheds light on mortgages.
1 min read Mar 19, 2007