Interest Rate Vs Apr Home Loan

Mortgage Interest Rate vs APR – What is the difference? If you’ve ever taken a loan or applied for a credit card, you’ve probably seen the term annual percentage rate or APR. When it comes to mortgages the APR is a percentage, it’s usually right next to the interest rate and looks awfully similar.

Interest rates for 30-year and 15-year fixed home loans. daily mortgage rates are an average of the published annual percentage rate with the lowest points for each loan term offered by a sampling.