Mortgage closing costs fell 7% for homebuyers
@CNNMoney August 7, 2012: 11:53 AM ET
NEW YORK (CNNMoney) -- Federal regulations are helping to significantly reduce the amount new homebuyers are paying come closing time.
The average cost of closing on a mortgage has fallen by 7.4% over the past year, according to a recent survey by Bankrate.com.
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