Mortgage Guide

171 Articles

A mortgage is often the key to homeownership. Learn how to apply so you can get the best possible deal when you buy a home.
Man sitting on front porch of his new house drinking a glass of wine.

Prepayment Penalty: What To Know And How To Avoid It

8 Min Read
Updated Sept. 3, 2024

Paying off your mortgage early can save you a lot of money on interest, even if you’re refinancing your home or selling it. But it’s not the best news for lenders, which need the interest you pay to stay in business. That’s why some lenders charge borrowers who pay off their mortgage early a prepayment […]

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