APR stands for annual percentage rate and represents the full annual cost of borrowing money for a mortgage, including interest and additional fees. APR is a more accurate representation of the ...

APR vs. interest rate: What's the difference? If you’re applying for a mortgage, these are two financial terms you need to understand. APR stands for "annual percentage rate," or the amount of ...

The annual percentage rate (APR) on a mortgage includes the interest rate and some fees. These fees are known as APR fees. The most common APR fees include the mortgage lender’s origination fee and ...

Jackie Lam is a contributor for CNET Money. A personal finance writer for over 8 years, she covers money management, insurance, investing, banking and personal stories. An AFC® accredited financial ...

If you're planning to buy a home but don't have the liquid assets needed to make a full payment on the property you want, finding the right mortgage will make a big difference in your financial future ...

The labyrinth in the financial world is teeming with intricate mechanisms and systems that can often seem counterintuitive to the uninitiated. One such area of confusion is the relationship between ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Mortgages offer individuals and businesses an option for purchasing property without incurring all of the expenses up front. Instead, borrowers agree to repay the loan with interest over time.

When shopping for a mortgage, you’ll likely encounter two key terms: Annual percentage rate (APR) and interest rate. While these terms often get thrown around interchangeably, understanding the ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...