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Maine's Mortgage Fees Are Better Than Most In The Region

More interesting news...Maine is one of the region's least expensive states in which to close a mortgage transaction, according to an annual closing cost survey by Bankrate.com. Here's a list of the average cost of closing a mortgage transaction in New England's six states, as well as their national ranking. New York is the most expensive state in which to close a mortgage transaction, with an average closing cost of $3,830.

Closing costsNational rank
Connecticut$2,85811
Massachusetts$2,84912
Rhode Island$2,76818
New Hampshire$2,72421
Maine$2,67129
Vermont$2,66630


Source: Bankrate Inc.

Posted Wednesday Jul 18