Bankrate released its 2007 survey of closing costs today which found that New York — for the third year in a row — is the most expensive state in the nation when it comes to closing a mortgage. The average closing cost in New York is $3,830, compared to Indiana (least expensive state) at $2,339. Texas, Florida Pennsylvania and Ohio rounded out the top five; Wyoming, Illinois, Nevada and North Carolina comprised the remaining bottom five.
Bankrate: New Yorkers Pay Most in the Nation for Mortgage Closings
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