2-Year U.S. Treasury Note Continuous Contract $102.875-0.004 0.00% 5-Year U.S. Treasury Note Continuous Contract $106.211-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.359-0.063-0.06 ...

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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 ...