Apr is typically higher than the interest rate
24 Feb 2020 A note about HELOC cost estimates: The annual percentage rate (APR) Interest rates are typically higher than a HELOC or a first mortgage 25 Oct 2007 When a product provider quotes an interest rate, it is not always immediately In a loan advert, the provider will often quote a "typical APR" - this is on mortgages, so APRs tend to be much higher than the headline rates. 17 Sep 2018 The interest rate on a loan or debt doesn't include any fees that the the “best” APRs are often available on 15-year mortgages and adjustable-rate be bumped to a penalty APR that's much higher than your normal APR.