Luck refers to that which happens to a person beyond that person's control. This view incorporates phenomena that are chance happenings, a person's place of birth for example, but where there is no uncertainty involved, or where the uncertainty is irrelevant.
Average rates on 30-year fixed-rate mortgages have climbed in recent weeks by about a quarter-percentage point, from 3.75 percent to almost 4 percent â about a $600-a-year difference on a $350,000 mortgage. Several sources of data suggest that buyers are paying more attention to the threat of higher rates.
But people with home loans may think you mean that interest rates went from 10% to 30%, and you don't want them falling over in surprise! So, the alternative is to say it was a rise of 2 Percentage Points. So here are two correct ways to talk about a rise from 10% to 12%: When in doubt, use both.