Layout railing installation to determine post locations. b. Beneath all post locations install at least two 2x8 blocks using at least three #10x3 Â½â deck screws penetrating. through the joists at least 1 Â½â into the blocks (see diagram for details) Raise bottom. insert temporarily. to allow room to.
What it is: A basis point is the smallest measure used in quoting yields on fixed income products. Basis points also pertain to interest rates. One basis point is equal to one one-hundredth of one percentage point (0.01%). Therefore, 100 basis points would be equivalent to 1%.
Mortgage points come in two varieties: origination points and discount points. In both cases, each point is equal to 1% of the total amount mortgaged. For example, on a $100,000 home, one point is equal to $1,000. Origination points are used to compensate loan officers.