1 In 2050, nearly one in five Americans (19%) will be an immigrant, compared with one in eight now (12% in 2005).  The foreign-born share of the nationâs population will exceed historic highs sometime between 2020 and 2025, when it reaches 15%. The historic peak share was 14.7% in 1910 and 14.8% in 1890.
Escrow is a short period of time (often about 30 days) where the seller takes the house off the market with the contractual expectation that you will buy the house - provided you don't find any serious problems with it when you inspect it. (For more on the escrow process, read 10 Hurdles To Closing On A New Home.)
Purpose of Mortgage Escrow Account. A mortgage escrow is not the same as a real estate transaction escrow used by the buyer and the seller in the process of a home purchase. A mortgage escrow concerns the homeowner and the mortgage lender.or the homeowner, an escrow account provides a way to better budget property tax and insurance payments. Instead of having to come up with a lump sum when the bills are received, making smaller, monthly deposits into an escrow account reduces the possibility of funds shortage.