The term "20 basis points" expressed as a percentage is:

The term "basis point" is a common financial metric used to describe changes in interest rates and other percentages. One basis point is equivalent to one-hundredth of a percentage point, or 0.01%. Therefore, to express 20 basis points as a percentage, you multiply the number of basis points by 0.01%.

So, when you calculate 20 basis points:

20 basis points x 0.01% = 0.20%.

This conversion is fundamental in finance, especially in mortgage and real estate, where interest rates often fluctuate in terms of basis points. Understanding this concept is crucial for accurately interpreting financial information related to loans, investments, and other monetary measures.