refinance

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Related to refinances: refinanced

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 company wants to make sure that when a homeowner refinances their mortgage that they are doing it for the right reasons and will benefit in the long run.
November's report showed that HARP refinances accounted for 68 percent of total refinances in Nevada, nearly triple the 23 percent share of refinances nationally.
The news was not all bad for the Los Angeles area, though, because it did not rank among the top 11 metropolitan regions with greatest concentration of subprime refinances to African-Americans or Latinos.
For conventional refinances, be sure to do comparison shopping among lenders to find the best terms.
If a taxpayer refinances a mortgage both to obtain a lower interest rate and to improve his or her principal residence, only points related to improvements are deductible in the year paid.
When a consumer refinances a home loan with a new creditor, or increases his or her financial risk when refinancing with the original creditor, that consumer is entitled to the right of rescission.
Treasury's suspension of 30-year bonds last Wednesday, the number of double refinances this year may continue to increase.
Refinancing activity under the administration's Home Affordable Refinance Program (HARP) continues to soar, with HARP loans accounting for one-quarter of all refinances done in August.
Last week's record-low mortgage rate environment prompted a second consecutive record for home loans and refinances, an industry tracker said Wednesday.
It was developed in response to a rising number of requests for refinances.
Through strategic partnerships, LPS provides customer follow-up to ensure refinances are successfully completed, according to the company.
Since Cambridge Square's original loan was funded by FHA, this project was ideally suited for the FHA 223(a)7 loan product, which is designated for refinances of HUD loans," said Michael Sapuppo, a vice president at TRI and the originator for the Cambridge Square loan.