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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
“Employee Poaching”
Horace and Octavia reflect on employee poaching lawsuits.
A Tale of Two Mortgages
“Promise of Better Days”
Octavia looks for the promise of better days ahead for the housing market.
A Tale of Two Mortgages
“False Hope”
Horace can’t cope with any more false promises from “experts.”
A Tale of Two Mortgages
“Summer’s Almost Over”
Horace is concerned that the summer is almost over.
A Tale of Two Mortgages
“Interview”
Octavia vets a potential interviewee for the new LO position.
A Tale of Two Mortgages
“Monthly Payment”
Octavia tries to talk a borrower out of a too-high monthly mortgage payment.
A Tale of Two Mortgages
“Solitaire”
Octavia reads a news article that offends her work ethic.
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Read our CEO Jim Paolino’s Deeper Thoughts and get the latest mortgage industry news.