APR stands for annual percentage rate and represents the full annual cost of borrowing money for a mortgage, including interest and additional fees. APR is a more accurate representation of the ...

The annual percentage rate (APR) on a mortgage includes the interest rate and some fees. These fees are known as APR fees. The most common APR fees include the mortgage lender’s origination fee and ...

Jackie Lam is a contributor for CNET Money. A personal finance writer for over 8 years, she covers money management, insurance, investing, banking and personal stories. An AFC® accredited financial ...

Cynthia Paez Bowman is a finance, real estate and international business journalist. Besides Bankrate.com, her work has been featured in Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

The best way to get a good deal on a mortgage is by comparing different quotes, but you have to know what you're looking for when weighing the different offers. The loan's annual percentage rate (APR) ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

Mortgage lenders offer multiple pricing options for home loans. You can choose to pay more points upfront in exchange for a lower interest rate and payment, or you can pay less upfront and accept a ...

When you're buying a home, a lot of pieces have to fall into place. You may come across unfamiliar terms, like escrow and title insurance. One such term is mortgage APR or annual percentage rate.

When shopping for a mortgage, you’ll likely encounter two key terms: Annual percentage rate (APR) and interest rate. While these terms often get thrown around interchangeably, understanding the ...

An interest rate is an amount a lender charges you to borrow money. It’s always expressed as a percentage — such as 4% or 6.2%. You pay interest as either a fixed rate that stays the same for the ...