12 MonthsTrend: growing
MOM change: -0%
Prepayment Of Home Loan
General search term.
Might be referring to: borrowers are able to make prepayments on a mortgage loan by paying extra on their monthly payments towards the principal of the loan. By making larger payments, you are essentially minimizing the balance on the loan and shortening its term. ... Interest you save on a mortgage is tax-deductible..
This is a seasonal trend that repeats every December.
This trend is forecasted to be growing in the next 2 years.
We tracked 23 total in the last 3 months