I am being told that a mortgage with less than 20% down must escrow taxes, insurance, etc. Is that true?
Ragoo said:
What is the advantage to NOT escrow?
Anytime I consider this the fee from the county to process via CC is greater than the 2% cash back I get on my cardPigtails said:
Pay taxes with a credit card and get points, cash back, etc.
SteveBott said:
Earn what interest in today's market?
mind sharing your bank name? I have not seen that rate in a loooong timeQuote:
I've got a money market earning 1.75%
Do an online search for high rate savings account. You'll see multiple options from name brand banks offering online accounts with APY of 1.75%+.SteveBott said:mind sharing your bank name? I have not seen that rate in a loooong timeQuote:
I've got a money market earning 1.75%
SteveBott said:mind sharing your bank name? I have not seen that rate in a loooong timeQuote:
I've got a money market earning 1.75%
SteveBott said:
You would not put escrow money in a CD so that rate is not applicable to the needs of the money. I did find 1.75 on the net for a savings account. I'll run a break even analysis and post tomorrow
Interested in this....SteveBott said:
I will lay out pros and cons of two loans no PMI and one loan later. It's not a clear cut decision