save money on your mortgage One of the worst parts of having a loan you’re not happy with, is paying for closing costs to re-figure your loan. Bankrate found the average origination and title fees are up 8.8% from a year ago. On a $200,000 mortgage, the average fees are $4,070.

Closing costs on the rise

You’ll pay the highest closing costs in New York at $6,183. Texas, Utah, San Francisco, and Idaho round out the top five most expensive areas.

Bankrate says most increases are due to the fees charged directly by lenders. Since the collapse of the housing market and economy, there are more restrictions. Last fall I did a story about historic low-interest rates, but cautioned that refinancing will not be the same experience as your last. Mortgage companies showed us loan files that were 1 to 2 inches thick as the red tape has increased since the housing collapse. This survey shows consumers are paying the price for the new red tape.

“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, CFA, senior financial analyst for Bankrate, Inc.

Bankrate surveyed 10 lenders in each state during June. The organization got a good faith estimate for a $200,000 mortgage on a single family home with 20% down. The fees Bankrate compiled include title insurance and appraisals.

Ohio ranked 18th overall in 2011 compared with 13th in 2010. The average fees were $4,165 which is slightly higher than the national average.

Kansas ranked 29th overall in 2011 compared with 25th in 2010. The average fees were $3,897.

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Missouri ranked 47th overall compared with 44th in 2010. The average fees were $3,524.

It’s interesting considering the housing market in Northeast Ohio, at least, is far worse than Kansas or Missouri yet Ohio has higher closing fees than the other two states. The bottom line: shop around before you decide on a mortgage.

The newly formed Consumer Financial Protection Bureau is streamlining the forms so a Good Faith Estimate will be easier to understand.