Two Shocking Facts That Prevent You From Paying Off Your Mortgage Early

When the real estate market falls and the banks are in trouble, you would think that information would be free and available to help you make the best decisions regarding your home mortgage.

With so many foreclosures affecting the value and future of so many different banks, it would seem they would be happy if you made an early mortgage payoff, right?

But the facts just don't support this.

There is something called prepayment penalties for those who are fortunate enough to make an early mortgage payoff.

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