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Monday, August 01, 2011

Loans: Why mortgage closing costs are rising

A couple articles today reporting on how closing costs for a mortgage have been going up the last couple years.  They explain that the mortgage industry has new costs to adhere to the new financial regulations in place to prevent a future meltdown, which of course are they are passing to the home buyer/refinancer.

Buying a home may be cheaper these days, but the cost of closing on a mortgage has increased in most states (bankrate)
Why Mortgage Closing Costs Are Rising and How You Can Protect Yourself (creditsesame)

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