I got the low rate my first year, but my escrow was fricked up for a couple years
That happened to me as well. Both insurance (after Katrina) and taxes went up the following year and threw my escrow out of whack. After the first year, I got a check back from escrow saying more money was in the account than allowed. Then the third and fourth years, I had higher notes to make up the escrow difference. Pissed me off.