Question

 How is a mortgage interest rate& APR different?

Answer A mortgage interest rate and the mortgage APR, or annual percentage rate, are related, but different ways of measuring the cost of the loan. The APR includes interest but also other costs.Interest ... Read More »
http://www.answerbag.com/q_view/1949371

Top Q&A For: How is a mortgage interest rate& APR different

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »
http://www.ehow.com/about_7351411_do-changed-fixed-rate-mortgage_.html

What is a mortgage interest rate?

The mortgage interest rate is the fee paid by the borrower monthly to borrow a set amount of funds. This fee is denoted by an percentage rate which is multiplied by the principle balance monthly to... Read More »
http://www.answerbag.com/q_view/1977132

What Is the Average Mortgage Interest Rate in the U.S?

The average mortgage interest rate in the U.S. is 5.27% for a 30-year fixed mortgage loan, according to Zillow Mortgage Marketplace. Source: http://www.zillow.com/Mortgage_Rates/
http://www.answerbag.com/q_view/1608057

What is the national mortgage interest rate?

The national mortgage interest rate is currently 4.22 for a 15-year fixed loan, 4.74 for 30-year fixed loan and 3.53 for a 5/1 ARM loan type. These rates can help you calculate your monthly payment... Read More »
http://www.answerbag.com/q_view/2126702


feedback
loading