refi

American  

[ree--fahy] / ˈri ˌfaɪ /

verb (used with or without object)

Finance Informal.

refied, refiing

1. refinance.

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Etymology

Origin of refi

First recorded in 1980–85; by shortening

Example Sentences

“If the market tightens by 50-70 basis points from here, that would put primary mortgage rates in the mid-5.00% handle range, which would be low enough to spark significantly more refi and probably purchase activity,” Schmidt wrote.

From Barron's

“If the market tightens by 50-70 basis points from here, that would put primary mortgage rates in the mid-5.00% handle range, which would be low enough to spark significantly more refi and probably purchase activity,” Schmidt wrote.

From Barron's

“If the market tightens by 50-70 basis points from here, that would put primary mortgage rates in the mid-5.00% handle range, which would be low enough to spark significantly more refi and probably purchase activity,” Schmidt wrote.

From Barron's

“It’s huge optionality to refi those borrowers when rates fall,” he says.

From Barron's

“In this way, the cash-out refi provides protection from rising rates in the future, which is an advantage over a HELOC,” says Glenn Brunker, president of Ally Home.

From Seattle Times