More than 1 in 4 people with low mortgage rates are making the mistake of paying them off too quickly

Almost 1 in every 4 homeowners is paying off their mortgage at a rate faster than they’re required to — but the people who would benefit the most from this strategy are the ones least likely doing it.

The surprising new data comes from the major lender Rocket Mortgage, which analyzed early payments on nearly 3 million of its loans in all 50 states over the past five years.