What Does APR Mean for Mortgages? – Budgeting Money – APR vs. Interest Rate. The interest rate on a mortgage is simply the amount of interest the lender is charging you for the loan. The mortgage APR includes the interest rate as well as other fees and costs.

Mortgage rates taper off for Thursday – Several closely watched mortgage rates tapered off today. The average rates on 30-year fixed and 15-year fixed mortgages both trended down. The average rate on 5/1 adjustable-rate mortgages, or ARMs,

Understanding the Annual Percentage Rate on a Mortgage Loan. – You may find the Annual Percentage Rate (APR) on a mortgage loan a confusing aspect of the home financing. You can find the loan APR.