Refinance
verb
When you replace your existing loan with a new one with different terms.
Since the interest rates have dropped, Daniel decided to refinance his home loan.
Often appears as...
- refinance a loan
- refinance home
verb
When you replace your existing loan with a new one with different terms.
Since the interest rates have dropped, Daniel decided to refinance his home loan.
Often appears as...
- refinance a loan
- refinance home
Definition 1 of 1
Pro Tip 1/3Financial Decision
Refinancing is a financial strategy to save money or adjust payment terms.
They chose to refinance their loan to reduce the monthly payments.
Pro Tip 2/3Interest Rates
Refinancing is common when interest rates fall to secure lower rates.
To take advantage of lower interest rates, Sarah decided to refinance.
Pro Tip 3/3Improved Terms
Refinancing aims to negotiate better loan terms, like duration or payment structure.
John hopes to refinance his mortgage for a shorter term and save on interest.
Pro Tip 1/3Financial Decision
Refinancing is a financial strategy to save money or adjust payment terms.
They chose to refinance their loan to reduce the monthly payments.
Pro Tip 2/3Interest Rates
Refinancing is common when interest rates fall to secure lower rates.
To take advantage of lower interest rates, Sarah decided to refinance.
Pro Tip 3/3Improved Terms
Refinancing aims to negotiate better loan terms, like duration or payment structure.
John hopes to refinance his mortgage for a shorter term and save on interest.
Pro Tip 1/3Financial Decision
Refinancing is a financial strategy to save money or adjust payment terms.
They chose to refinance their loan to reduce the monthly payments.
Pro Tip 2/3Interest Rates
Refinancing is common when interest rates fall to secure lower rates.
To take advantage of lower interest rates, Sarah decided to refinance.
Pro Tip 3/3Improved Terms
Refinancing aims to negotiate better loan terms, like duration or payment structure.
John hopes to refinance his mortgage for a shorter term and save on interest.
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Video examples
Fake videos of real...
Barack To help families refinance their homes, to invest in things like high-tech manufacturing, clean energy and the infrastructure that creates good new jobs. Supasorn Anyone? The answer is none of them. None of these is actually real. So let me tell you how we got here.
Video examples
Pulling back the curtain...
service the debt and you can pay the interest that's coming due and you can have access to the market and you can refinance the the maturities that are following you then it's sustainable it's only becomes a problem as we said when
Video examples
Fake videos of real...
Barack To help families refinance their homes, to invest in things like high-tech manufacturing, clean energy and the infrastructure that creates good new jobs. Supasorn Anyone? The answer is none of them. None of these is actually real. So let me tell you how we got here.
Video examples
Pulling back the curtain...
service the debt and you can pay the interest that's coming due and you can have access to the market and you can refinance the the maturities that are following you then it's sustainable it's only becomes a problem as we said when
Example 1 of 2
Quote examples
J. D. Vance
American Author
We spend our way to the poorhouse. We buy giant TVs and iPads. Our children wear nice clothes thanks to high-interest credit cards and payday loans. We purchase homes we don't need, refinance them for more spending money, and declare bankruptcy, often leaving them full of garbage in our wake. Thrift is inimical to our being.
Quote examples
Aaron Patzer
American Businessman
Mint's business model became, 'We'll go for free, and then we'll find these savings opportunities for you.' You know, better interest rate on your credit cards, when should you consolidate your student loans, when does it mathematically make sense to refinance your mortgage, and Mint figures all that stuff out for you.
Quote examples
Jean Chatzky
American Journalist
If your appraisal comes back too low - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and sold to Fannie Mae and Freddie Mac. That means you may have to pay a much higher rate.
Quote examples
Maggie Hassan
American Politician
I am disappointed that Senator Ayotte has voted repeatedly for deep cuts in Pell Grants that would make college more expensive for thousands of New Hampshire students and voted against allowing young people to refinance their student loans.
Quote examples
Kayla Tausche
American Journalist
When SoFi launched in 2011, it focused squarely on the burgeoning student loan market - a market that, unlike housing, had no viable option to refinance both federal and private student loans from higher interest-rate eras.
Quote examples
Franklin Raines
American Businessman
Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.
Quote examples
Ben Bernanke
American Public Servant
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.
Quote examples
Elizabeth Warren
American Public Servant
Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.
Quote examples
J. D. Vance
American Author
We spend our way to the poorhouse. We buy giant TVs and iPads. Our children wear nice clothes thanks to high-interest credit cards and payday loans. We purchase homes we don't need, refinance them for more spending money, and declare bankruptcy, often leaving them full of garbage in our wake. Thrift is inimical to our being.
Quote examples
Aaron Patzer
American Businessman
Mint's business model became, 'We'll go for free, and then we'll find these savings opportunities for you.' You know, better interest rate on your credit cards, when should you consolidate your student loans, when does it mathematically make sense to refinance your mortgage, and Mint figures all that stuff out for you.
Quote examples
Jean Chatzky
American Journalist
If your appraisal comes back too low - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and sold to Fannie Mae and Freddie Mac. That means you may have to pay a much higher rate.
Quote examples
Maggie Hassan
American Politician
I am disappointed that Senator Ayotte has voted repeatedly for deep cuts in Pell Grants that would make college more expensive for thousands of New Hampshire students and voted against allowing young people to refinance their student loans.
Quote examples
Kayla Tausche
American Journalist
When SoFi launched in 2011, it focused squarely on the burgeoning student loan market - a market that, unlike housing, had no viable option to refinance both federal and private student loans from higher interest-rate eras.
Quote examples
Franklin Raines
American Businessman
Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.
Quote examples
Ben Bernanke
American Public Servant
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.
Quote examples
Elizabeth Warren
American Public Servant
Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.
Example 1 of 8
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