Virginia Gardner

Blog :: 05-2021

Dont Forget to Budget for Closing Costs

Dont Forget to Budget for Closing Costs | Simplifying The Market

When buying a home, its important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important.

What Are Closing Costs?

According toTrulia:

When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the

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It's Not too Late to Refinance

With mortgage rates below 4% since May 2019, you would think that most people would have already refinanced but according to a recent Lending Tree survey, 49% of homeowners say they are considering a mortgage refinance in the next year. The report estimated that over a third of homeowners are have mortgages above 4% and 11% didn't know what [...]

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