The APR and interest rate on your mortgage aren’t the same. Here’s what to pay attention to when you compare costs.
APR vs. interest rate: What's the difference? If you’re applying for a mortgage, these are two financial terms you need to understand. APR stands for "annual percentage rate," or the amount of ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. The Annual Percentage Rate is a fundamental concept in ...
Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...
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 ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Vikki Velasquez is a researcher and writer who has managed, ...