But as you shop around, you'll notice that mortgage lenders advertise two different rates: an interest rate, and an APR. What does this additional rate mean for your mortgage? A mortgage APR gives ...

Analyzing a mortgage loan offer's APR and comparing it to similar loan types can help you find the best overall financing ...

When evaluating the cost of a loan or a line of credit, it is important to understand the difference between the advertised interest rate and the annual percentage rate (APR), which includes any ...

Prospective homebuyers seeking ways to afford a mortgage might be wondering whether they can negotiate to get a lower ...

During the introductory 0% APR period, you can pay down your debt without paying costly interest charges. As a result of the Fed changing the federal funds rate, the prime rate also changes and ...

Many people believe that the APR and interest rate are interchangeable, but they’re not. While they are similar, the APR provides a little more information than just looking at the interest rate.

Your mortgage annual percentage rate (APR) is different from your mortgage interest rate. The APR gives you a more accurate sense of what you'll pay because it includes fees and other charges.

The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points.

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Terms may apply to offers listed on this page. Every loan has an interest rate and an annual percentage rate (APR). But what's the difference? What does APR have to do with your interest rate and ...