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ABOUT THE BASIS POINT
The Basis Point^® is a finance and real estate blog written by a few people in mortgage banking, real estate, and money management. We track issues and data critical to our jobs, highlight consumer-relevant topics, point to breaking news from sources we respect, and try to crack a joke or two.

In finance, basis points denote changes in interest rates, equity indices, bond yields, etc. One basis point is .01%, so if a bond yield goes from 2.80% to 3.10%, it has increased by 30 basis points. Talking in basis points puts financial matters in simplest terms, and his is our goal.

COMMENTING
Please think of The Basis Point as a forum for your market views and feel free to share them anytime. You can comment as a guest or login from any post page using your Facebook, Twitter, Yahoo, Open ID, or Disqus accounts. You can post each comment you make to Facebook and Twitter in real time if you choose. We hope you return often to comment on posts and submit ideas.

The Basis Point contains news and opinion. We do make mistakes so let us know if you see one. No content on the site is intended as a recommendation.