Variable Rate Mortgages – Setting The Standard
Variable Rate Mortgages – Setting The Standard Posted by Dark Spider at January 31, 2009 Here?s the first mortgage term you should learn ? Standard Variable Rate, or SVR. This is the interest rate you will be paying on the total amount you are borrowing. It is usually expressed as a percentage, and is different from an APR (Annual Percentage Rate). An APR includes all costs associated with the loan, such as interest, fees, any compulsory insurances etc. While interest rates can vary
More: continued here
Tags: Home, Insurance, January, Loan, Mortgage, Mortgages, Personal