Browsing Tag

interest rate

  • Buyers

    The Difference Between Interest Rate and APR

    Have you ever wondered what the difference is between a mortgage’s interest rate and its annual percentage rate? Here’s the answer… The interest rate is the cost you’ll pay each year…

  • Buyers

    Banking Terms Every Home Buyer Should Know

    If you are a first time home buyer, here are some banking terms you should become familiar with: Interest Rate. The interest rate is the amount a lender charges a borrower…