What is a basis point on a loan or bond?

Good question.

One basis point is a hundredth of a percentage point, often used in relation to interest rates. A unit of measure for the change in interest rates for bonds and notes. Example: if an interest rate rises from 4.00% to 4.25%, that is a rise of 25 basis points.

I offer education and training to landlords, engineers, doctors and dentists, and many others that would like to learn how to enjoy the benefits of multifamily as quickly as possible. If that sounds interesting contact my office by going to www.benjaminzmiller.com and fill out the contact form.

You also can register at meetup.com at the link below:

https://www.meetup.com/benjamin-z-millers-investor-networking-group/

I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
[email protected]

https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller