APR Sometimes Lower Than the Mortgage Interest Rate?

APR Sometimes Lower Than the Mortgage Interest Rate?

Today Americans Are Struggling More | California Platinum Realty

11/02/2021 1:10PM

Episode Synopsis " APR Sometimes Lower Than the Mortgage Interest Rate?"

When looking at mortgage rates on various types of loans, you will often run across displayed interest rates higher than the annual percentage rate (apr). The apr is defined as the interest rate of the loan, including the various fees and additional costs associated with it. These fees include closing costs, such as processing fees, insurance fees, origination fees, broker fees, etc. Visit Us:- https://californiaplatinumrealty.com/apr-sometimes-lower-mortgage-interest-rate/

Listen " APR Sometimes Lower Than the Mortgage Interest Rate?"

More episodes of the podcast Today Americans Are Struggling More | California Platinum Realty