Avg. CT mortgage closing costs jump to $2,436
Connecticut homebuyers can expect to pay a hefty price on their mortgage closing costs.
Between origination and third-party fees, the average cost to close on a home loan in Connecticut is $2,436, according to a new study released Monday by Bankrate.com.
Nationally, mortgage closing costs rose 6 percent over the past year to $2,402. Origination fees accounted for the bulk of the increase. They jumped 8 percent to $1,730, while third-party fees edged up 1 percent to $672, the Bankrate.com study found.
Hawaii’s average closing costs of $2,919 are the highest in the nation. Alaska ($2,675), South Carolina ($2,658), California ($2,639) and New Mexico ($2,566) join the Aloha State in the top five.
Connecticut has the 21st-highest mortgage closing costs in the nation.
Wisconsin ($2,119), Missouri ($2,188), Kansas ($2,193), Michigan ($2,203) and Washington State ($2,208) comprise the bottom five.
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