Closing costs: highs, lows and averages - 2004-04-01
Lenders, brokers and third-party mortgage originators impose all sorts of fees to borrowers. It's difficult for borrowers to know whether they're being overcharged.
To clarify things, Bankrate.com gathered closing-cost information in 50 states and the District of Columbia. Researchers found lenders that calculate good faith estimates on their Web sites. The researchers then collected good faith estimates from six lenders that do business in each state and the district, for a total of 306 good faith estimates.
Read the full story at Bankrate.com