Annual percentage rate, or APR, is an expression that tells you the true cost of borrowing money. In addition to the interest you pay your lender, APR also takes certain other costs into.

Texas Mortgage Rates Today Example home listing: 12203 hidden River Lane, Pearland. $349,000. See the listing. Pearland – No. 56 in Texas Median home value: $208,900 Median rent: $1,272 Example home listing: 12203 Hidden River.

Home shoppers who have begun looking into mortgages often wonder about the difference between interest rate and APR (Annual Percentage Rate). Basically, think of the interest rate as the starting point in what you will pay for a mortgage loan, then tack on associated fees to calculate the APR.