CPI vs. RPI

Explaining the difference between CPI and RPI In the United Kingdom, two of the indicators used to measure inflation are CPI and RPI. CPI refers to the consumer price index and is often referred to as the Harmonized Index of Consumer Prices (HICP). RPI refers to the Retail Price Index, which is the change in […]

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FHA vs. Conventional Loans

Difference between FHA and Conventional Loans These are loans that are available to home buyers in the United States. With the sky rocketing prices of property, acquiring a house in the US is becoming a hard wish to fulfill. The high interest rates on loans require loan borrowers to pay a down payment of 10% […]

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APR (Annual Percentage Rate) vs. Interest Rate – The Difference Between

Understand the difference between Annual Percentage Rate (APR) and Interest Rate You earn interest on money that you invest and you pay interest on money that you borrow. This is essentially the main difference between APR (annual percentage rate) and interest rate. When you put money into your savings account, purchase bonds or invest it […]

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