Thursday, October 05, 2006

CLOSING COSTS: Bankrate, Inc. last month released its 2006 National Closing Cost Survey results. Their findings showed New York State ($3,887) has the highest mortgage closing costs in the country, while Colorado ranked 23rd with an average closing cost of $2,988.

The survey provides a comparision of lender, title and settlement fees in 51 geographic locations, which includes cities in all 50 states and the District of Columbia. Each state listing includes their current ranking, compared to their 2005 position, a detailed breakdown of average closing fees for that state, and a printable worksheet for consumers to compare average costs to their lender fees.

To view the survey, go to www.bankrate.com/closing.

http://HomesInDurango.com
http://DurangoRealEstate.biz

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