What Is An Interest Rate?

Chapter 8 — What Is an Interest Rate?
Master the one number that touches every deal.
The interest rate is the price of borrowing money — and one of the biggest levers on your returns. This guide explains rates in plain English so you can borrow smarter, compare loans honestly, and run deals on real numbers.
Inside you'll learn:
What an interest rate actually is, and why one point can swing your costs dramatically
The difference between rate, APR, and points — and why you compare loans by APR
Fixed versus adjustable, and which matters most for flips versus long-term holds
What moves rates for everyone, and the personal factors that move your rate
How rates shape a flip's holding cost, a rental's cash flow, and your buyer pool
Who it's for: New investors who find rates intimidating and want to turn them into a tool they control.