closing costs

noun

: the extra amounts of money that people need to pay when they buy a house

Examples of closing costs in a Sentence

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Latinos have fewer intergenerational wealth transfers, lower down payments, and higher interest rates and closing costs than white families. Noreen Sugrue, Forbes, 1 Nov. 2024 Context: In May, the CFPB launched an inquiry into why mortgage closing costs have risen. Lucinda Shen, Axios, 28 Oct. 2024 Many house hunters who are already stretched thin by record-high home prices and closing costs must now decide whether, and how much, to pay an agent. Andrea Riquier, USA TODAY, 7 Oct. 2024 That’s because many homebuilders have affiliate lenders that can offer better rates or subsidize some of a buyer’s closing costs using a small portion of the builder’s profits. Richard J. Chang, Forbes, 23 Sep. 2024 See all Example Sentences for closing costs 

Dictionary Entries Near closing costs

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“Closing costs.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closing%20costs. Accessed 29 Nov. 2024.

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