Basis Point

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Interest rates are going up… the most recent rate increase was 75 bips… wait.. What are bips or basis points?

There are no dumb questions at Halo Group… we do not expect everyone to have finance background and understand the jargon in the industry.
Bips is a shortened version of basis points. Basis points are an easy way to communicate small interest rate amounts… 25 basis points is equal to 0.25%... 125 basis points equals 1.25%...

Does that make sense? If it doesn’t, call us stupid and give your better explanation in the comments… and as always please reach out to a Halo Group Real Estate Advisor with any questions you have about real estate… and we always appreciate your referrals.

Advice that Matters. Representation that cares. Results that Deliver. Halo Group.
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