escrow account
concept
1 mentions
1 recordings
first heard Dec 2022
last heard Dec 2022
±0 this month
Account holding funds to cover temporary payment differences
Trend
No mentions in the last 30d.Widen the range to see when escrow account was said.
Moments
newest first · ▶ plays the momentNicole FriedmanWSJ Your Money Briefing · Some Homebuyers Turning to Buydowns for Lower Mortgage Rates · 5:30 · Dec 2022
…They'll put that money into an escrow account and that money will be used to pay the difference between the normal payment and the buyer's temporary lowered payment for however many years the buy down lasts.…
All 1 moments