Century 21 – Blackwell & Co.

Basis Points Explained- Terms Used During Homebuying Process

Basis Points Explained- Terms Used During Homebuying Process August 30, 2023 Basis points, often abbreviated as “bps,” are a unit of measurement commonly used in finance to express small changes in interest rates, yields, or percentages. One basis point is equal to one one-hundredth of a percentage point, or 0.01%. While it might seem minuscule, […]