{"id":198249,"date":"2024-10-21T14:08:19","date_gmt":"2024-10-21T14:08:19","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/why-is-my-escrow-balance-going-up\/"},"modified":"2024-10-21T14:08:19","modified_gmt":"2024-10-21T14:08:19","slug":"why-is-my-escrow-balance-going-up","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/why-is-my-escrow-balance-going-up\/","title":{"rendered":"Why is my escrow balance going up?"},"content":{"rendered":"

Escrow accounts are often created by lenders to ensure that property taxes and homeowners insurance are paid on time. Homeowners pay into these accounts each month as part of their mortgage payments, and the money is then used to cover these expenses when they are due. But sometimes, homeowners may notice that their escrow balance is increasing over time, leading them to wonder, “Why is my escrow balance going up?”<\/p>\n

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