[Refinance Analysis] The True Cost of Zero-Fee Mortgages: Lowest Fixed APR vs Upfront Closing Fees ▲ [Refinance Analysis] The True Cost of Zero-Fee Mortgages: Lowest Fixed APR vs Upfront Closing FeesRetail mortgage marketing campaigns aggressively push the zero-dollar origination fee as benevolent consumer relief. It is not. Mortgage banking operations rarely waive fees without recalibrating yie..