Rising home prices and lender costs helped drive up homebuyers’ closing costs by 13.4 percent in 2021, to an average of $6,905. Loan production expenses hit an all-time of $9,470 per loan high during the fourth quarter of 2021.
Read more here:: https://www.inman.com/2022/04/22/as-mortgage-lenders-costs-rise-so-do-homebuyers-closing-costs/
