Mark Ciochon

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Real Estate Glossary

Real Estate Glossary
Use this real estate glossary to research terms you might run across in a real estate transaction.

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Basis points	A term used in relationship to interest rates. One basis point is equal to 1/100 of 1 percent. are used to describe the yield of a debt instrument, including mortgages. The difference between 9\% and 9.5\% i s 50 basis points.

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