A surge in third-party fees was behind an increase in average closing costs on residential loans. The Aloha State had the most expensive loans.
Closing costs on a hypothetical $200,000 loan to finance a U.S. home purchase with a 20 percent down payment averaged $2,128 this year.
The average, which is based on a loan to a borrower with excellent credit, jumped from the previous year, when the average came to $1,847.
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From:: Financing