Refinancing Definition–verb (used with object), -nanced, -nanc⋅ing. | 2. | to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage. | | 3. | to increase or change the financing of, as by selling stock or obtaining additional credit. | |
From Dictionary
Mortgage Definition–noun | 1. | a conveyance of an interest in property as security for the repayment of money borrowed. | | 2. | the deed by which such a transaction is effected. | | 3. | the rights conferred by it, or the state of the property conveyed. | –verb (used with object) | 4. | Law. to convey or place (real property) under a mortgage. | | 5. | to place under advance obligation; pledge: to mortgage one's life to the defense of democracy. | |
From Dictionary
Rate Definition–noun | 1. | the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. | | 2. | a certain quantity or amount of one thing considered in relation to a unit of another thing
48a
and used as a standard or measure: at the rate of 60 miles an hour. | | 3. | a fixed charge per unit of quantity: a rate of 10 cents a pound. | | 4. | price; cost: to cut rates on all home furnishings. | | 5. | degree of speed, progress, etc.: to work at a rapid rate. | | 6. | degree or comparative extent of action or procedure: the rate of increase in work output. | | 7. | relative condition or quality; grade, class, or sort. | | 8. | assigned position in any of a series of graded classes; rating. |
105e
| 9. | Insurance. the premium charge per unit of insurance. | | 10. | a charge by a common carrier for transportation, sometimes including certain services involved in rendering such transportation. | | 11. | a wage paid on a specified time basis: a salary figured on an hourly rate. | | 12. | a charge or price established in accordance with a scale or standard: hotel rates based on length of stay. | | 13. | Horology. the relative adherence of a timepiece to perfect timekeeping, measured in terms of the amount of time gained or lost within a certain period. | | 14. | Usually, rates. British. | a. | a tax on property for some local purpose. | | b. | any tax assessed and paid to a local government, as any city tax or district tax. | | –verb (used with object) | 15. | to estimate the value or worth of; appraise: to rate a student's class performance. | | 16. | to esteem, consider, or account: He was rated one of the best writers around. | | 17. | to fix at a certain rate, as of charge or payment. | | 18. | to value for purposes of taxation or the like. | | 19. | to make subject to the payment of a certain rate or tax. | | 20. | to place in a certain rank, class, etc., as a ship or a sailor; give a specific rating to. | | 21. | to be considered or treated as worthy of; merit: an event that doesn't even rate a mention in most histories of the period. | | 22. | to arrange for the conveyance of (goods) at a certain rate. | –verb (used without object) | 23. | to have value, standing, etc.: a performance that didn't rate very high in the competition. | | 24. | to have position in a certain class. | | 25. | to rank very high in estimation: The new teacher really rates with our class. | —Idiom | 26. | at any rate, | a. | in any event; in any case. | | b. | at least: It was a mediocre film, but at any rate there was one outstanding individual performance. | | |
From Dictionary
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Related topics from Ask NewsLow mortgage rates tough to get
San Jose Mercury News - Found 4 hours ago
... lot of equity, those rates of 5 percent or less on a 30-year fixed-rate mortgage may be out of ... But the biggest hang-up for refinancing is ...
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Mortgage applications dip as consumers await Fed
Mortgage rates are low, but loans difficult to get
SiliconValley.com - Found 18 hours ago
... lot of equity, those rates of 5 percent or less on a 30-year fixed-rate mortgage may be out of ... But the biggest hang-up for refinancing is ...
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Centaline Finance launches P-1.9% mortgage package
Etnet.com.hk - Found Jan. 6, 2009
The effective mortgage rate thus at 3.35%. Leung said the offer targets the buyers who could ... cover first, second mortgages and refinancing for
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Navy Federal Credit Union Commits $6 Billion for Mortgage in 2009
Jumbo mortgage loan rates put damper on refinancing
Boston Globe - Found Jan. 4, 2009
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so ... his adjustable-rate jumbo loan into a fixed-rate
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Mortgages: An Erratic Year for Mortgage Rates
New York Times - Found Jan. 3, 2009
... a week later.“We thought the refinancing boom of ... Ms. Heitman, who receives interest-rate data daily from mortgage lenders, said that in ...
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For Jumbo Loans, an Unlucky 7: Large-Mortgage Interest Rates Rise, ...
Washington Post - Found Jan. 2, 2009
... to refinance his $800,000 mortgage into a 30-year, fixed-rate mortgage,' Larry F. Pratt, chief executive of First Savings Mortgage, said...
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Bankrate: Mortgage Rates Fall Again
Mortgage rates near record low keep demand at 5-year high
USA Today - Found Dec. 31, 2008
Fast-falling mortgage rates are driving demand, particularly for refinancing. ... according to the Mortgage Bankers Association. Last week's rate
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