Tuesday, August 17, 2010

Bankrate Updates Closing Cost Survey

Source: Bankrate

In last year's closing costs survey, Texas was most expensive and New York was second. This year, the order was reversed. In four of the past five years, the two states have occupied the two top spots.Utah, California and Alaska round off the top five most expensive states.

Arkansas was the least expensive state in this year's closing costs survey, followed by North Carolina, Iowa, Montana and Wisconsin. There was no consistency at the bottom of the rankings; in 2009, five completely different states occupied the least-expensive rungs.

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