Phrases with «basis point increase»

A basis point increase refers to a very small increase in a percentage or interest rate. It is equal to one hundredth of a percent (0.01%). So when we say there is a basis point increase, it means that the percentage or rate has gone up by a very tiny amount. Full definition

Sentences with «basis point increase»

  • Twenty years ago, a 100 basis points increase in mortgage rates would have caused a deterioration of our national affordability measure by 3.5 percentage points. (housepriceindex.ca)
  • On the national level, cap rates average 6.8 percent — a one basis point increase from the first quarter of 2017 and a one basis point decline from the same period last year. (nreionline.com)
  • The city is expected to reach the end of the year with a multifamily vacancy rate of 3.1 percent (a 40 basis point increase year - over-year). (nreionline.com)
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