2-Year U.S. Treasury Note Continuous Contract $102.980-0.125-0.12% 5-Year U.S. Treasury Note Continuous Contract $106.664-0.320-0.30% 10-Year U.S. Treasury Note Continuous Contract $109.141-0.500-0.46 ...

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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 ...