Mortgage Interest Rate vs APR – What is the difference?

If you’ve ever taken a loan or applied for a credit card, you’ve probably seen the term annual percentage rate or APR. When it comes to mortgages the APR is a percentage, it’s usually right next to the interest rate and looks awfully similar. You might find yourself thinking “what’s the difference between the mortgage … Continue reading Mortgage Interest Rate vs APR – What is the difference?