Homebuyers purchasing single-family properties in the District of Columbia, New York, Maryland, Delaware and Pennsylvania can expect to pay the highest national average closing costs, according to an analysis by ClosingCorp.
CEO Bob Jennings said the company’s analysis will “help lenders better educate borrowers on closing fees and taxes, so that there are no surprises when they decide to buy a home.”
Read on for more details from ClosingCorp’s analysis.