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Reply to "worth escrowing to save $1K in refinance fees"
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[quote=Anonymous]I've always escrowed and it's not a big deal. They're holding on to a relatively small amount of money for a few months that they use to pay taxes and insurance. If you were really efficient about managing your money I suppose you could be investing it but you'd probably be picking a relatively low-risk investment with a low rate of return since the money has to be paid every six months for taxes and every year for insurance.[/quote]
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