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The mortgage rates shown on this website are for information purposes ONLY, are not guaranteed in any way and subject to change.
Tthe overall function of the APR is supposed to measure the ‘true cost’ of the loan. Its "SUPPOSE TO" create fairness and a level playing field amongst other lenders, but this can be decptive since not all lenders include the same fees. So the best advice when comparing lenders would be to compare all the information from the Truth and Lending Statement. Also consider the APR is based on the length of the Mortgage. If you are applying for a 30 year mortgage, the average person moves out of their house in 6.7 years and/or may refinance their mortgage in 4 to 7 years.
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