6 steps to a lower prepayment penalty
It's not easy to waive a prepayment penalty, but this strategy could help reduce the costly sting. Get more information about mortgages at Bankrate.com today!
http://www.bankrate.com/finance/mortgages/6-steps-to-a-lower-prepayment-penalty-1.aspx

Prepayment Risk Definition | Investopedia
Some fixed-income securities, such as mortgage-backed securities, have embedded call . In addition to being highly correlated with falling interest rates, mortgage prepayments are highly correlated with rising . Sign Up For Term of the Day!
http://www.investopedia.com/terms/p/prepaymentrisk.asp

Mortgage Prepayment Penalty Basics: Early Settlement Costs
Aug 21, 2012 . Fundamentally, a mortgage prepayment penalty is applied by lenders to recover some of the profit they would have made were the loan to have .
http://intercountymortgage.com/mortgage-prepayment-penalty-basics-early-settlement-costs/

• Understanding a Mortgage Prepayment Penalty - My Money ...
  Aug 4, 2011 . This confusing term sounds like a bad thing, but it's often a good one.
  http://money.usnews.com/money/blogs/my-money/2011/08/04/understanding-a-mortgage-prepayment-penalty

• Prepayment Clauses Come With Some Nasty Surprises - WSJ.com
  Dec 12, 2001 . If a mortgage has a prepayment penalty, there could be a nasty surprise when the time comes to refinance.
  http://online.wsj.com/article/SB1008119519511819000.html

How to Prepay Your Mortgage: 7 steps - wikiHow
Dec 23, 2008 . The long term prepayment is by far the best thing to do. When the mortgage is paid off 100% of the money you would have paid can now go for .
http://www.wikihow.com/Prepay-Your-Mortgage

Prepayment of loan - Wikipedia, the free encyclopedia
In the case of a mortgage-backed security (MBS), prepayment is perceived as a risk, because . "Simply Mortgages - When Do I Pay a Prepayment Penalty?
http://en.wikipedia.org/wiki/Prepayment_of_loan