Difference between apr and rate on mortgage
10 Oct 2019 Understanding the difference between interest rates and APR. Here's how APR and interest rates compare on mortgages: Let's say you want to Home shoppers are often confused about the difference between APR (Annual Percentage Rate) and interest rates. When evaluating a mortgage loan, interest 3 Jul 2019 The difference between mortgage APRs and interest rates. An annual percentage rate (APR) is a broad measure of what it costs to borrow a loan.