Fintech Helped Stabilize Mortgage Closing Costs in 2019

Mortgage Professional America, Apr. 2, 2020–Candyd Mendoza
As more lenders integrated technology in their mortgage processes, costs associated with mortgage closings remained flat in 2019. On average, closing costs for a single-family property in the US were $5,749 including taxes, and $3,339 excluding taxes, according to data from ClosingCorp’s latest report.