New York topped the list with average closing costs of 2.1% of the loan amount — nearly three times the national average.

There are many closing costs. For example, the cost of the inspection is usually $500 or so, he said, which is one of the ...

A Redfin report earlier this month found that seller concessions are on the rise, with 44% offering perks like credit for repairs, help with closing costs or mortgage-rate buydowns. In some ...

A concession is when a seller offers something that lowers the buyer’s total purchasing cost without reducing the home’s list price — perks like money toward repairs, closing costs ...