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.
Here’s one last mortgage industry vibe check before the holidays. With just three and a half short weeks before break, Jim and Alayna give their take on the state of the mortgage industry.
The state of Colorado is fairly straight-forward when it comes to closing costs and fees. The state is noteworthy in that title insurance rates are grouped by zone, rather than county, which could result in multiple-counties within a specific zone.
If it seems like the headlines are being dominated these days by talk of interest rates, layoffs and uncertainty. Consider this my effort to shine some light upon the positives that are also emerging every day in the mortgage and real estate industry.
Like all other “attorney states,” an attorney’s supervision is required for each real estate transaction involving property situated in Delaware. This, of course, means each transaction will have its own attorney fee.
Per the lighter tone of our Summer Session, Jim and Alayna discuss memes, meme marketing, and new formats.
Ever wonder how a mortgage industry expert navigates the home buying experience? LodeStar’s CEO Jim Paolino just bought his first home and is eager to share his thoughts on the experience.
When a tech company gets bought out by a huge, publicly traded company, that means service will improve, right? …Right?
M&A can be a great growth strategy (or a great way to cash out). But when it’s your vendor that has been acquired, it’s not always a great development for you.
I recently entered into the roiling fray that is home buying in 2022. It’s always a bit of special fun for someone who’s an everyday part of the greater mortgage industry to have the experience from the consumer end—especially someone who grew up in a title and settlement services firm!