A.P.R. vs. Interest Rate Whats the difference- February 1, 2006 Youre most likely to encounter low interest rates and low annual percentage rates (A.P.R.) on television commercials or newspaper ads as lenders vie for the attention of potential borrowers. As Jerry Seinfeld says Ahhh, the timeless art of seduction. But buyer beware, not all that glitters is gold.A.P.R. was created to provide a way for borrowers to account for costs associated with the mortgage. This sounds good because it may not be very easy to choose between a loan with a lower rate and...http://bendmortgagegroup.blogspot.com/2006/02/apr-vs-interest-rate-whats-difference.html |