{
  "id": 5159305,
  "title": "1 in 4 homeowners are making this extra mortgage payment. Should you?",
  "url": "https://urgent.news/2026/09/02/1-in-4-homeowners-are-making-this-extra-mortgage-payment-should-you",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T19:45:00.000Z",
  "source": {
    "name": "Fast Company",
    "slug": "fast-company",
    "url": "https://www.fastcompany.com/91600749/1-in-4-homeowners-are-making-this-extra-mortgage-payment-should-you"
  },
  "original_language": "en",
  "account": "Nearly a quarter of homeowners are making additional mortgage payments, according to a report from Rocket Mortgage. This trend has been on the decline since early 2022, falling to its lowest level in about five years. While making extra payments can shorten the loan term and save thousands in interest, especially for borrowers who took out mortgages during higher interest rate periods, many are hesitant to do so due to rising costs and everyday expenses. The decision to pay off a mortgage early depends on an individual's financial situation and priorities, reflecting a balance between psychological satisfaction and practical considerations.",
  "summary": "The affordability crisis may be preventing some homeowners from paying off their mortgages early. The share of Americans who are forking over additional money to pay down the principal on their mortgage fell earlier this year to the lowest level in about five years, according to a new report from Rocket Mortgage. Through the end of January, nearly 25% of the Detroit-based lender’s clients made at…",
  "key_points": [
    "24% of homeowners making extra mortgage payments",
    "Trend declining since early 2022",
    "Extra payments shorten loan term and save interest"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}