So record low interest rates proved a siren song for you in 2011, and you refinanced. Whether you hit rates at rock bottom or somewhere above them, you got a great opportunity to save money by ...

You would think a lending institution would be happy to get its money back early, but that’s not always the case. Believe it or not, you can be charged a prepayment penalty for paying off a personal ...

During the summer, temperatures in the Dallas suburb of Seagoville often approach triple digits. "If you add 15 degrees to the Dallas high, that's how hot it is," says Cameron Donaldson, a Seagoville ...

Home loan prepayment is a sensitive topic. Most people would love to be loan-free soon. And hence, they often resort to prepaying. But there are also others who believe that given the tax benefits on ...

Despite historically low mortgage interest rates, borrower prepayments have been lower than expected over the past year. For example, a model based on prepayment data from 2000 through the beginning ...