Mortgage closing costs up in Utah, nation

Closing costs on a home mortgage keep ratcheting up across the country, including here in Utah. A new survey by Bankrate.com shows that average closing costs on a $200,000 home with a 20 percent down payment in the Beehive State total $2,316, ranking the state 39th in the nation. The national average is $2,402, an increase of six percent over last year. Most of this is due to a bump in origination fees, part of the closing costs that lenders charge to crunch the numbers. According to Bankrate, ...

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