Mortgage Q&A

What is APR?

  • Annual percentage rate. The real rate of your mortgage after including fees such as insurance premiums, origination fees, prepaid interest, and etc. Required by law to prevent false advertising by lenders.
Be Sociable, Share!

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>