APR vs Interest Rate: What's the Difference?

#interestrates #nashville #realestate #thinknashvillethinkbrad
Let's be honest… a lot of times us human beings will hear, read and speak phrases, words and acronyms frequently without even knowing their actual meanings or definitions. Judging by the amount of times I've been asked what the difference is between the annual percentage yield and interest rates, that seems to be the case when it comes to "A.P.R." and "Interest Rate". And I don't blame those who ask… it can most definitely be confusing, especially when in the middle of trying to get a real estate deal closed! Check out my short and sweet video above breaking down the difference once and for all!
Below you'll find a few links going into more detail regarding the differences, so feel free to click those or just text me at [phone] to dive deeper!
www.investoped...
www.consumerfi...
www.bankrate.c...
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Brad Reynolds
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[@aaronmosesmusic]

great simple breakdown!