Maine’s Mortgage Fees Are Better Than Most In The Region
More interesting news…Maine is one of the region’s least expensive states in which to close a mortgage transaction, according to an annual closing cost survey by Bankrate.com. Here’s a list of the average cost of closing a mortgage transaction in New England’s six states, as well as their national ranking. New York is the most expensive state in which to close a mortgage transaction, with an average closing cost of $3,830.
| Closing costs | National rank | |
| Connecticut | $2,858 | 11 |
| Massachusetts | $2,849 | 12 |
| Rhode Island | $2,768 | 18 |
| New Hampshire | $2,724 | 21 |
| Maine | $2,671 | 29 |
| Vermont | $2,666 | 30 |
Source: Bankrate Inc.
