Earn $25 CASH per qualified ChartSnap Founder referral·Unlimited referrals·No purchase required—Join the Affiliate Program →
A basis point is one one-hundredth of one percent (0.01%). Mortgage professionals use basis points to describe small rate changes precisely. For example, if a mortgage rate increases from 6.50% to 6.75%, that is a 25 basis point increase. Discount points and origination fees are also sometimes quoted in basis points. Understanding basis points helps you compare rate quotes and understand lender pricing adjustments.
Part of the Wizard Tools network — free calculators and utilities across finance, crypto, writing, and more.
Upload your own stock, crypto, forex, or commodity chart and get an educational second opinion on trend, support and resistance, risk, confidence, recognizable chart patterns, and trader terminology.
Investment, retirement, FIRE, passive income, and wealth-building calculators.
DCA, market cap, staking, profit-taking, portfolio, and crypto planning tools.
Educational resource for learning to read charts — candlesticks, patterns, indicators, and technical analysis for any market.
Writing, editing, SEO, readability, grammar, and content optimization tools.
Date calculations, business days, age calculators, schedules, timelines, and planning tools.
Unit, temperature, currency, measurement, data, and engineering conversions.
Financial planning, investing, retirement, passive income, and wealth-building simulators.