Maine’s Mortgage Fees Are Better Than Most In The Region

More interesting news…Maine is one of the region’s least expensive states in which to close a mortgage transaction, according to an annual closing cost survey by Bankrate.com. Here’s a list of the average cost of closing a mortgage transaction in New England’s six states, as well as their national ranking. New York is the most expensive state in which to close a mortgage transaction, with an average closing cost of $3,830.

  Closing costs National rank
Connecticut $2,858 11
Massachusetts $2,849 12
Rhode Island $2,768 18
New Hampshire $2,724 21
Maine $2,671 29
Vermont $2,666 30

Source: Bankrate Inc.

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