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Nationwide, the average origination and title fees on a $200,000 mortgage total $4,070, which is 8.8 percent higher than a year ago, according to Bankrate Inc.

Wyoming is close to the average at $4,097, including $1,654 in origination and $2,443 in title and closing costs. In 2011, Wyoming ranks 22nd in total costs.

New York leads the nation with an average fee of $6,183. Texas, Utah, San Francisco and Idaho round out the five most expensive areas. Arkansas is the least expensive area, with an average fee of $3,378.

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Most of the rise in closing costs is tied to fees charged directly by lenders, according to Bankrate. On average, lenders charge about $1,614 in origination fees this year, up 10.3 percent from last year. Origination fees include lender charges for services such as underwriting and processing.

“Interest rates get a lot of attention, and rightfully so, but it’s also important for consumers to compare lender fees when shopping for a loan,” said Greg McBride, senior financial analyst for Bankrate, in a press release.

Bankrate surveyed up to 10 lenders in each state in June 2011 and obtained online good faith estimates for a $200,000 mortgage to buy a single-family home with a 20 percent downpayment.

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Contact Business Editor Tom Mast at

tom.mast@trib.com, or call 307-266-0574.

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