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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...

VA Mortgage Rates & 10 Terrific Reasons To Use A VA Loan

VA Loan Rates VA loan rates are the interest rates assigned to loans which are guaranteed by the Department of Veterans Affairs under its Home Loan Guaranty program. The VA Home Loan Guaranty program protects mortgage lenders against loss, which allows banks to offer reduced...
Posted On 21 Apr 2017