LodeStar’s 2024 vs. 2025 Year-Over-Year Closing Cost Report analyzes distinct mortgage quotes across all 50 states and the District of Columbia.
Boris really, really, really likes title.
For this month’s episode of the Full Disclosure podcast, Jim, Alayna, and Tim are ready and eager to discuss all the usual questions: the cost of producing a loan, the role of tech and AI, and the value of industry conferences.
LodeStar’s 2024 vs. 2025 Year-Over-Year Closing Cost Report analyzes distinct mortgage quotes across all 50 states and the District of Columbia.
The national average total closing costs for a refinance mortgage transaction were $2,207. This is an average of 0.67% of the refinance loan amount.
Closing costs as a percentage of sales price hovers around 0.5% to 3%, with an average percentage of 1.04% and a median of 0.85%. Just like in 2025, Delaware leads the pack at a whopping 3.06% of the sales price.
The national average total closing costs for a refinance mortgage transaction were $2,403. This amount consists of a national average of 0.72% of the home loan amount.
The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
One of the things that sets LodeStar apart from other fee providers is that we employ an in-house, full-time, dedicated team of data experts to monitor fee updates.
Read our CEO Jim Paolino’s Deeper Thoughts and get the latest mortgage industry news.