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Mortgage Interest Rate vs. APR (what is APR?)

In this video, I discuss Interest rate vs. Annual Percentage Rate. What do they mean, what is the difference, what is apr, what should the consumer be connected with, miss information, etc. The interest rate is the cost of borrowing the money and APR is the annual cost of the loan. I love real estate and everything that has to do with real estate investing, mortgage and personal finance. If you enjoyed this video and found value, please consider subscribing. 📢 Ready to get started with a broker? Start here 👇 🤵 https://www.greatmortgagebroker.com/ Thanks for watching! Subscribe NOW for more mortgage/real estate/finance straight talk:    / @mattthemortgageguy   Visit my website for more info: https://mattthemortgageguy.com/ Business inquiries contact me at: [email protected] A few videos that might be helpful: Should I buy it right now? (historically low-interest rates):    • Should I buy a home right now? (Historical...   Refinance Tips:    • A quick and easy way to get a Mortgage Ref...   Mortgage Rates | Mortgage Advice:    • Mortgage Rates | Mortgage Advice   Buying or Refinancing in CA? APPLY NOW: https://mattthemortgageguy.floify.com/ More info on buying: https://mattthemortgageguy.com/buy/ More info on refinancing: https://mattthemortgageguy.com/refina... Cheers!