Announcement
For Immediate Release
Posted:
February 03, 2020
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Escrow Rate for the period February 1, 2020 through July 31, 2020
The escrow rate for the period February 1, 2020 through July 31, 2020 is 0.00%.
Pursuant to NH RSA 383-B:3-303(a)(7)(E), Gerald H. Little,
Bank Commissioner, announced the minimum interest rate payable on moneys on deposit in escrow accounts maintained for the payment of taxes or insurance premiums related to loans on property secured by real estate mortgages.
Said rate shall be 0.00% and shall be effective commencing February 1, 2020 and shall remain in effect until the next rate announcement on August 1, 2020.