APY vs. APR and Interest Rates: What's the Difference? | Ally – In a nutshell, APY refers to what you can earn in interest while APR refers to what you can owe in interest charges. APY refers to what you earn. APY indicates the total amount of interest you earn on a deposit account, like a CD (certificate of deposit) or a savings account, over one year.
can i lower my mortgage interest rate without refinancing 10 Ways to Lower Your Mortgage Payment without Refinancing – A streamline refinance could lower your monthly payment by hundreds of dollars by getting a lower mortgage rate on a new 30 year fixed-rate mortgage loan. VA and usda streamline refinance VA and USDA mortgages are Government backed home loans that qualify for the streamline refinance program.