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A basis point is one hundredth of a percent, or 0.01%. We describe mortgage rates’ ups and downs in basis points because they simplify comparisons. NerdWallet’s rates are expressed as an annual ...

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5 Things to Know is CNBC's Morning Squawk newsletter, a before-the-bell briefing on the most important news, trends and analysis that investors need to start their trading day. Subscribe here to ...

Saturday will feature highs in the mid 80s and the chance of a few storms mainly south of I-40. Father’s Day on Sunday will be slightly warmer with slightly higher rain chances mainly late in the day.