refinance

[US]/riː'faɪnæns/
[UK]/ˌri'faɪnæns/
Frequency: Very High

Translation

vt. raise funds again for...

Phrases & Collocations

cash-out refinance

Example Sentences

Many homeowners choose to refinance their mortgages to take advantage of lower interest rates.

It may be a good idea to refinance your student loans to get a lower monthly payment.

Before you refinance your car loan, make sure to shop around for the best interest rates.

Some people refinance their homes to cash out equity for home improvements or other expenses.

Refinancing can help you consolidate debt by combining high-interest loans into a single, lower-interest loan.

It's important to consider the closing costs associated with refinancing before making a decision.

Many financial institutions offer refinancing options for personal loans, mortgages, and auto loans.

You may be able to refinance your business loan to secure a lower interest rate and improve cash flow.

Refinancing your existing debt can help you save money in the long run by reducing interest costs.

Some people refinance their loans to shorten the term and pay off the debt faster.

Real-world Examples

And when the bubble burst, it couldn't refinance its loans.

Source: TED Talks (Audio Version) August 2016 Collection

In other countries, such as Germany, fixed-rate mortgages are common but borrowers can't easily refinance.

Source: New York Times

Do you need to refinance your student loans?

Source: Humor University

Refinancing a car loan may also free up money.

Source: Business Weekly

Number one, refinance your student loan and any other debt you have.

Source: Connection Magazine

Maduro has said he wants to refinance and restructure Venezuela's debt.

Source: VOA Special November 2017 Collection

If your mortgage rate is over 5,6%, what you should do is refinance.

Source: Connection Magazine

That would allow the federal government to refinance its debt at a lower cost.

Source: VOA Standard English_Americas

So, it's a perfect time to go out there and refinance your debt.

Source: Connection Magazine

A refinancing deal saved them from losing their home. But they were left deep in debt.

Source: VOA Slow English - America

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