Day: July 23, 2019

ANNUAL PERCENTAGE RATE - WATERMARK HOME LOANS

What Is an APR? Annual Percentage Rate, Explained

  When borrowing money to purchase a home, the annual percentage rate (APR) consists of the interest and other charges (such as closing costs, points, origination fees and private mortgage insurance) that you’ll pay as part of your monthly mortgage. There also are some costs that usually aren’t calculated into the APR, including the home appraisal, title search and insurance,

Read More »