Escrow account

Escrow account

An account held by the lender in which the borrower puts in an amount over and above the required sum of the principal and the interest. The additional money put in is used by the lender to pay for items like property taxes and homeowner's insurance when due.

See further Escrow

Compare Rates

National Rates

Loan Type Today
30 Year Fixed   6.29
15 Year Fixed   5.90
5/1 Adjustable   6.09

Get Your Rates »

Rates may contain points

Browse Mortgage Rates