All posts tagged: APR

APR vs. Interest Rates

May 8, 2024 Home Mortgages Comments Off on APR vs. Interest Rates

If you’re gearing up to dive into the world of real estate, there are a few key terms you’ll want to wrap your head around before taking the plunge. Today, we’re demystifying APR and interest rate, two crucial concepts that can impact your home-buying journey. Don’t worry, I’ll break it down in simple terms so you can confidently navigate the process like a pro.

Mortgage Interest Rate Versus APR: What To Know

March 23, 2023 Mortgage Comments Off on Mortgage Interest Rate Versus APR: What To Know

When you go through the process of applying for a mortgage, you need to make sure you understand all of the terms on the page. Two of the most common numbers you will come across include the mortgage rate and the APR. Many people associate both of these numbers with interest rates, but you will probably notice that they are not quite the same. What are the differences between these two numbers, and how are they going to impact your mortgage loan?

Let's talk

If you want to get a free consultation without any obligations, fill in the form below and we'll get in touch with you.
(510) 377-9059
Skip to content