См. также в других словарях:
refinance — re‧fi‧nance [ˌriːˈfaɪnæns, fɪˈnæns] verb [transitive] FINANCE to replace one loan with another one, usually at a lower rate of interest: • Many fixed rate mortgages are now being refinanced at interest rates of around 8%. refinancing noun… … Financial and business terms
refinance — re·fi·nance /ˌrē fə nans, fī ˌnans/ vt 1: to renew or reorganize the financing of 2: to revise the terms of (a debt obligation) esp. in regard to interest rate or payment schedule refinance a mortgage vi: to finance something anew Merriam… … Law dictionary
Refinance Wave — A situation where a large amount of mortgage refinancing occurs as a result of a drop in interest rates. The larger the drop in rates, the larger the wave . A refinance wave can be triggered by a drop in short term interest rates, in which case… … Investment dictionary
Rate And Term Refinance — The refinancing of an existing mortgage for the purpose of changing the interest and/or term of a mortgage without advancing new money on the loan. This differs from a cash out refinance, in which new money is advanced on the loan. Rate and term… … Investment dictionary
Refinance — 1. When a business or person revises a payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. When a business refinances, it typically extends the maturity date. When individuals change their monthly … Investment dictionary
refinance — verb finance again, typically with new loans at a lower rate of interest … English new terms dictionary
refinance — To finance again or anew; to pay off existing debts with funds secured from new debt; to extend the maturity date and/or increase the amount of an existing debt; to arrange for a new payment schedule. The discharge of an obligation with funds… … Black's law dictionary
3/27 Adjustable-Rate Mortgage - 3/27 ARM — A type of adjustable rate mortgage (ARM) frequently offered to subprime borrowers. These mortgages are designed as short term financing vehicles that give borrowers time to repair their credit until they are able to refinance into a mortgage with … Investment dictionary
Cash-Out Refinance — A mortgage refinancing transaction in which the new mortgage amount is greater than the existing mortgage amount, plus loan settlement costs. The purpose of a cash out refinance is to extract equity from the borrower s home. A cash out refinance… … Investment dictionary
No Cash-Out Refinance — The refinancing of an existing mortgage for an amount equal to or less than the existing outstanding loan balance plus an additional loan settlement cost. It is done primarily to lower the interest rate charge on the loan and/or to change the… … Investment dictionary
Blended Rate — 1. An interest rate charged on a loan, which is in between a previous rate and the new rate. Blended rates are usually offered through the refinancing of previous loans, and charge a rate that is higher than the old loan s rate but lower than the … Investment dictionary
