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Data Reports
2025 Purchase Mortgage Closing Cost Data Report
The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
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Full Disclosure
Vibe Check Before the Holidays
Here’s one last mortgage industry vibe check before the holidays. With just three and a half short weeks before break, Jim and Alayna give their take on the state of the mortgage industry.
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A Tale of Two Mortgages
“We Don’t Talk About Rate Hikes”
Horace doesn’t want to talk about how the Fed raised rates.
A Tale of Two Mortgages
“Vacation”
Octavia hits the ground running after being away on a summer vacation.
A Tale of Two Mortgages
“Didn’t Call Back”
Octavia gets back from vacation and wants to know if Horace contacted the referral she sent his way.
A Tale of Two Mortgages
“Leave A Message”
Horace tries to ghost the borrowers Octavia recommended to him.
A Tale of Two Mortgages
“Corporate Buyout”
When a tech company gets bought out by a huge, publicly traded company, that means service will improve, right? …Right?
A Tale of Two Mortgages
“Real Estate Agents”
Even on bad days, Octavia is just glad she’s not a real estate agent.
A Tale of Two Mortgages
“Credit Check”
Horace’s client finally makes it through a credit check after a long delay.
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