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Tag Archives: prepayment penalties

The Basics of Mortgage Refinancing

Tuesday, January 20, 2009

A recent run of low interest rates fueled a huge boom in refinancing that allowed many people to accomplish two things. They were able to take money out of their houses to use for other things and lower their interest rates on their mortgage. Here is a brief on mortgage refinancing.

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Debt Reduction and Payment Strategies

Wednesday, December 24, 2008

Using Payment Strategies When you are looking at ways to reduce your debts quickly and minimize your total interest charges, you may decide to pay your debts off at a faster rate, even though this will temporarily reduce your annual savings. In that case, it is important to look at any prepayment penalties that may [...]

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