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Old 03-11-2008, 04:14 PM
vsjhoc vsjhoc is offline
$ Saving College Sophomore
 
Join Date: Feb 2006
Location: Capital of the Free World
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Two.

GMAC (yeah, the rates have been dropping like a dead bird in the sky).

UFB (now Huntington): This is my "escrow" account for my property tax. I deposit a monthly amount so that I have the money when the bill is due twice a year. I don't pay my mortgage company and rely on them to pay my taxes; why should they earn the interest instead of me? Although the interest rate has plunged here too.

Those days of 6% at HSBC seem so long ago ...
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