Interest rates: Interest rates are percentages charged by lenders on top of the loan amount borrowed. They represent the cost of borrowing money.
Credit score: A credit score is a numerical representation of a person's creditworthiness based on their credit history. It helps lenders assess the risk associated with lending money.
Mortgage: A mortgage is a specific type of loan used for purchasing real estate, where the property serves as collateral until full repayment is made.