Our “heat wave” is officially underway with highs in the mid 90s and heat index values topping 100, nearing 105. This is the beginning of a period of prolonged heat. An “Extreme Heat Watch” for ...
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 ...