Mortgage APR vs. Interest Rate: What’s the Difference?

One of the things I like most about writing about personal finance topics is getting the chance to learn things I didn’t know previously. I’ve bought three homes over the years while I noted that my lenders provided both an interest rate and an APR, I never asked about the difference between those two numbers.

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Photo by Sergey Zolkin on Unsplash

 

Recently, I had the chance to answer that question for Lending Tree. It made me wish I could go back in time and take a closer look when I bought my mortgage!

Check out my article: Mortgage APR vs. Interest Rate: What’s the Difference?

What’s something you wish you knew before you bought a home?

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