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
Synonyms for individual words can be found below.
«basis»
«point»
«increase»
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)
- (see all
sentences)