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 ...

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 ...

Question: I have $5 million saved for retirement. Is this a sufficient nest egg to retire comfortably? Answer: For most people, $5 million in savings is more than enough money to enjoy a comfortable ...

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