Mortgage Interest Rate vs. APR (what is APR?)

Mortgage Interest Rate vs. APR (what is APR?)

T
Trust Channel
1 Video View·Sep 14, 2024

In this video, I discuss Interest rate vs. Annual Percentage Rate. What do they mean, what is the difference, what is apr, what should the consumer be connected with, miss information, etc. The interest rate is the cost of borrowing the money and APR is the annual cost of the loan.