Wednesday, October 23, 2013

It's getting more expensive to get a mortgage.
According to Bankrate.com's 2013 Mortgage Closing Cost Survey, today's typical mortgage applicant pays 6 percent more in origination and third-party fees as compared to 2012. Last year, costs had dropped seven percent.
For today's home buyers and refinancing households, rising closing costs change the math of getting a mortgage. It's helps to be prepared, and to know how zero-closing cost mortgages can improve your mortgage shopping.

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