Tag Archives: Annual Percentage Rate
Interest Rate vs. APR
Today, The Kunselman Team is going to explain a sometimes confusing part of the mortgage process. The differences between the interest rate and the Annual Percentage Rate (APR) can raise some questions that can be difficult to explain. Most everyone understands what their interest rate is. It is the rate of interest that they will [...]
Post Tagged with Annual Percentage Rate, APR, Closing Costs, GFE, Good Faith Estimate, Mortgage Interest Rates, Reg-Z, RESPA, The Kunselman Team, TIL, Truth In Lending Disclosures
- September 24, 2009
- / Category Know Your Mortgage, Mortgage Industry, News, Understanding Your Mortgage
- / Posted By The Kunselman Team
- / No Comments.
Subscribe:
What are Rates Doing Today?
Connect with the Kunselman Team
