Comments Off on Kansas and Missouri Are 2 Of The Top 5 States For Lowest Mortgage Closing Costs

Checking The Pulse Of The Kansas City Real Estate Market

Interest rates are still at historical lows, the market in the metro area is as solid as it’s been in nearly decade and there’s yet another reason to buy a home in Kansas City, Johnson County KS, Overland Park and the surrounding area… Mortgage loan closing costs associated with home purchases in the metro area are some of the lowest in the country.

Photo 1529 has published the results of its 2013 survey on closing costs by state, looking for which states had the lowest fees for items such as loan origination charges, credit report charges, etc. Kansas and Missouri were two of the top 5 states in the country, with Missouri coming in 2nd at an average of $2,188 per transaction and Kansas coming in 3rd at $2,193 per transaction. The national average was $2,402 in closing costs and Wisconsin had the lowest closing costs at $2,119. 

Posted by Jason Brown

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