What’s the difference between an Interest Rate and The APR?

When you shop for a loan, you will typically see two rates, the interest rate and the annual percentage rate (APR). If you don’t clearly understand the difference between the two, you won’t understand the difference between what you are paying in interest and the true cost of the...

Bridge Loans: 4 Key Factors You Need to Know

Are you currently a homeowner looking to sell your home and purchase a new one? Maybe you’re wondering how to secure a down payment in the process? Getting a bridge loan may be the answer. But before you commit, you’ll want to know the benefits and disadvantages so...