refinance

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Related to refinanced: Refinanced Mortgage

re·fin·ance

 (rē′fə-năns′, rē-fī′năns′)
v. re·fi·nanced, re·fi·nanc·ing, re·fi·nanc·es
v.tr.
To renegotiate or replace the financing of (a debt or asset), usually to obtain a lower interest rate.
v.intr.
To finance a debt or asset under new terms.

re·fi′nance′ n.
re′fi·nan′cer n.

refinance

(ˌriːfaɪˈnæns)
vb
(Banking & Finance) to pay (a debt) by borrowing additional money, thus creating a second debt in order to pay the first

re•fi•nance

(ˌri fɪˈnæns, riˈfaɪ næns)

v. -nanced, -nanc•ing. v.t.
1. to finance again.
2. to satisfy (a debt) by making another loan on new terms.
v.i.
3. to arrange new financing for something.
[1905–10]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Verb1.refinance - renew the financing of
finance - obtain or provide money for; "Can we finance the addition to our home?"

refinance

verb take on a loan, borrow, remortgage It can be costly to refinance.
Translations

refinance

[rːˈfaɪnæns] VTrefinanciar

refinance

[ˌriːfaɪˈnæns]
vtrefinancer
vise refinancer
References in periodicals archive ?
The average age of home loans being refinanced shortened in the first quarter compared with the fourth quarter.
A majority of our business volume in March was in refinanced loans, and we anticipate that volumes will increase even more as millions of additional homeowners become eligible to refinance under the President's Making Home Affordable plan.
They refinanced their home this summer, going from an 8% adjustable-rate mortgage with prepayment penalty to a 7.
He also suggested that homeowners who had refinanced mortgages as fixed interest rates have decreased should refinance again to adjustable rate mortgages.
The frequency of subprime loans to Los Angeles area minorities who refinanced their homes increased slightly in 2002 from a year earlier and is still a concern, a community activist group said Tuesday.
An exception would be if the refinanced proceeds were used to make capital improvements on the home, in which case that portion of the refinance proceeds used for that purpose would be permissible and the basis of the home would be increased.
When the exempt loan regulations under IRC section 4975 were made final in 1977, there was little question that exempt loans could be refinanced.
The outstanding mortgage balance is refinanced after four years with another 30-year mortgage at 7.
The 2008 Senior Notes must be repurchase or redeemed or refinanced such that no more than $100 million of the notes are outstanding on Nov.
The Federal Housing Finance Agency (FHFA) announced that more than 2 million loans have been refinanced through the Home Affordable Refinance Program (HARP) since the program's launch.
Nationally in 2002, African Americans who refinanced were 4.