A basis point is one hundredth of a percent, or 0.01%. We describe mortgage rates’ ups and downs in basis points because they simplify comparisons. NerdWallet’s rates are expressed as an annual ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. On July 20, 1969, human beings walked on the moon for the very first time! Apollo 11 astronauts ...