|Frank Storch pleased at good housing news|
Washington, DC comes out in fifth place, narrowly beating Maryland by only $2. Nevada however, has the lowest closing costs in the country, averaging in it $2,265. Texas, on the other hand has the most expensive price for closing on a house: $3,046 on a $200,000 mortgage.
The country’s average of $2,539 represents a 6% rise in closing costs since last year, caused in part by a 9% increase in origination fees.