NEW MORTGAGE DEAL, INFORMALLY Crossword Clue

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Crossword Puzzle Infos
The term 'REFI' is an informal way of referring to a new mortgage deal. It is an acronym for 'refinancing, ' which is the process of taking out a new loan to pay off an existing loan. Refinancing can be used to lower monthly payments, reduce interest rates, or access cash from the equity in a home.
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