Median total loan costs for conventional conforming loans were the highest for Hispanics in the third quarter of 2023 and amounted to about 6,900 U.S. dollars. Loan costs have increased substantially since 2019 and reached their highest levels in 2023. Mortgage loan costs include any costs connected to the loan, such as taxes, assessments, fees, and insurance premiums.
Median total mortgage loan costs in the United States from 1st quarter 2019 to 3rd quarter 2023, by race
(in U.S. dollars)
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FFIEC. (February 28, 2024). Median total mortgage loan costs in the United States from 1st quarter 2019 to 3rd quarter 2023, by race (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1362732/median-total-mortgage-costs-in-the-us-by-race/
FFIEC. "Median total mortgage loan costs in the United States from 1st quarter 2019 to 3rd quarter 2023, by race (in U.S. dollars)." Chart. February 28, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1362732/median-total-mortgage-costs-in-the-us-by-race/
FFIEC. (2024). Median total mortgage loan costs in the United States from 1st quarter 2019 to 3rd quarter 2023, by race (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1362732/median-total-mortgage-costs-in-the-us-by-race/
FFIEC. "Median Total Mortgage Loan Costs in The United States from 1st Quarter 2019 to 3rd Quarter 2023, by Race (in U.S. Dollars)." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/1362732/median-total-mortgage-costs-in-the-us-by-race/
FFIEC, Median total mortgage loan costs in the United States from 1st quarter 2019 to 3rd quarter 2023, by race (in U.S. dollars) Statista, https://www.statista.com/statistics/1362732/median-total-mortgage-costs-in-the-us-by-race/ (last visited November 21, 2024)
Median total mortgage loan costs in the United States from 1st quarter 2019 to 3rd quarter 2023, by race (in U.S. dollars) [Graph], FFIEC, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/1362732/median-total-mortgage-costs-in-the-us-by-race/