How to Use refinance in a Sentence

refinance

verb
  • When mortgage rates were low in early 2020, the couple jumped at the chance to refinance their home.
    CBS News, 8 Mar. 2023
  • That means banks will have to refinance, extend, or pay off these loans.
    Dylan Sloan, Fortune, 14 Mar. 2024
  • An Adani spokesperson said the conglomerate had been in talks with the banks to refinance part of the loan but the group plans to prepay it.
    Suvashree Ghosh, Fortune, 8 Feb. 2023
  • In the depths of the pandemic, Alex and Cynthia Durbin refinanced their mortgage at 2.75%.
    Rachel Louise Ensign, WSJ, 27 July 2023
  • The government has been able to refinance its debt to lower costs.
    Terry Savage, Chicago Tribune, 23 Jan. 2023
  • The alternative is to take the higher rate, and then refinance if and when mortgage rates fall.
    Tara Siegel Bernard, New York Times, 29 Sep. 2022
  • Even so, Gottlieb said, Keystone was ahead of the game in refinancing.
    Byalena Botros, Fortune, 7 Aug. 2023
  • Instead, when the mortgage is refinanced or the house is sold again, the borrower pays back the original amount of the loan plus 20% of the increase in the home’s value.
    Jon Healey, Los Angeles Times, 5 Sep. 2023
  • The interest rate will return to the original number at the end of the two years, but buyers tend to refinance at that point.
    Brianna Griff, Chron, 24 Jan. 2023
  • The options for buyers are to wait for interest rates to come down or pay more now and hope to refinance later.
    Curbed, 11 Oct. 2022
  • With the help of a retired real estate agent, a plan emerged to refinance the house, buy out her ex and install a kitchenette to rent out the upstairs.
    Lauren Hepler, San Francisco Chronicle, 4 Apr. 2022
  • More than half that will come up for refinancing this summer.
    CBS News, 18 June 2023
  • As the county looks to refinance their historic 2011 debt this year, Scales said her focus as public works chair is to get the best deal for ratepayers.
    Heather Gann | Hgann@al.com, al, 22 Apr. 2023
  • Another option is refinancing loans, a process in which a private lender pays off the debt and the borrower starts a fresh loan with the lender.
    Alecia Taylor, Baltimore Sun, 7 July 2023
  • Taking out shorter-term loans raises the risk countries will struggle to roll over or refinance that pile of debt.
    Chelsey Dulaney, WSJ, 2 Aug. 2022
  • If any refinancing events occur, no proceeds will be distributed to the investors until the city is paid back for the loan.
    Journal Sentinel, 24 May 2023
  • But that's not the case in Italy, which will need to refinance its liabilities sooner, and where growth has been dragging.
    Clare Sebastian and Julia Horowitz, CNN, 15 June 2022
  • The county also opted to refinance a portion of the 2015 bonds to get a lower interest rate.
    Lucas Daprile, cleveland, 19 Aug. 2023
  • Also, good luck trying to refinance or get a loan using e-statements — lenders refuse them.
    Liz Weston, oregonlive, 30 Apr. 2022
  • Those dynamics could mean more people are out of a job and unable to refinance their homes at a lower rate or sell if needed.
    Shannon Pettypiece, NBC News, 15 Oct. 2022
  • Mortgage applications to refinance a home loan fell another 1% for the week and were 83% lower than the same week one year ago.
    Swapna Venugopal Ramaswamy, USA TODAY, 10 Sep. 2022
  • These entities have binged on debt issuance to record highs and now must refinance from all-time low interest rates as those debt piles come due.
    Ivan Illan, Forbes, 11 Dec. 2023
  • Plus, Mullin said, many of her clients don’t want to refinance now anyway because interest rates are so much higher.
    Globe Correspondent, BostonGlobe.com, 22 May 2022
  • The bond also would allow the city to refinance the debt remaining on its two previous bonds and pay them off more quickly, Fulfer said.
    Laurinda Joenks, Arkansas Online, 14 Feb. 2023
  • My company, for example, helps bridge the gap between car owners and the lenders who could help them refinance their auto loans.
    Reid Rubenstein, Forbes, 4 May 2022
  • Of course, homeowners can always refinance out of an FHA mortgage loan.
    Charlotte Slovin, NBC News, 22 Feb. 2023
  • But companies still need to refinance up to 15% of their borrowings every year.
    Carol Ryan, WSJ, 13 Sep. 2022
  • That’s because a wave of debt is coming due in the corporate bond and loan markets over the next two years, and firms are likely to have to refinance that borrowing at higher rates.
    Joe Rennison, New York Times, 28 Nov. 2023
  • Homeowners could also refinance to lock in a better rate long term.
    Julia Carpenter, WSJ, 16 Sep. 2022
  • But to put it simply, boomers had more time to buy homes and refinance their mortgages, which has pushed them ahead—so millennials are renting instead.
    Alena Botros, Fortune, 31 Dec. 2023

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'refinance.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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