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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 ...

World stocks eked out new highs while major markets such as the S&P 500, U.S. dollar and Treasuries were largely steady on Wednesday as investors digested conflicting signals on a potential U.S.-Iran ...