0
Mbm2000 Posted 16 years ago
Vocabulary
What does it mean "to refinance one's mortage"?
Hey all,
I can't figure out what this sentence says.
I think we should refinance our mortgage
I know the meaning of refinance and mortgage but not the phrase.
help please.
thanks.
I can't figure out what this sentence says.
I think we should refinance our mortgage
I know the meaning of refinance and mortgage but not the phrase.
help please.
thanks.
Top answer
I am in the process of refinancing myself. 00% interest. I am refinancing at a lower interest rate.
- I am in the process of refinancing myself.
- 00% interest.
- I am refinancing at a lower interest rate.
- This will lower my monthly payment quite a bit.
- We are borrowing money at a lower rate, we'll pay off the old loan, and then pay the new loan at this lower rate.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
1 Answers
0
I am in the process of refinancing myself.
Our original mortgage was at 6.00% interest. I am refinancing at a lower interest rate. This will lower my monthly payment quite a bit. We are borrowing money at a lower rate, we'll pay off the old loan, and then pay the new loan at this lower rate.
Our original mortgage was at 6.00% interest. I am refinancing at a lower interest rate. This will lower my monthly payment quite a bit. We are borrowing money at a lower rate, we'll pay off the old loan, and then pay the new loan at this lower rate.
0
Related Questions