The clue for your today's crossword puzzle is: "APR reducer" ,published by L.A. Times Daily. Please check our best answer below:
Understanding Today's Crossword Puzzle
Today's clue is "APR reducer" and the answer for this clue is "REFI". Let's break down why this clue has this answer:
- APR: APR stands for Annual Percentage Rate, which is a measure used in finance to represent the yearly cost of borrowing. In the context of mortgages or loans, a higher APR means higher borrowing costs.
- Reducer: In crossword puzzles, the word "reducer" often indicates a term or action that decreases or lowers something.
- REFI: The answer "REFI" can be short for "refinance," which is an action that homeowners take to replace their current mortgage with a new one, often with better terms or a lower APR.
Bringing all the pieces together, the clue "APR reducer" suggests finding a word that represents a decrease in the Annual Percentage Rate, and the answer "REFI" perfectly fits the bill. By refinancing, homeowners aim to lower their borrowing costs, including the interest rate they are paying, which in turn reduces the APR associated with their mortgage or loan.
Crossword puzzles challenge our linguistic and analytical skills by making us think creatively and find connections between words. Today's clue and its answer, "APR reducer" and "REFI," test our financial and mortgage-related knowledge while keeping the puzzle entertaining. So, if you're ready to improve your word-solving abilities, keep deciphering these clever clues!
The Crossword clue "APR reducer" published 2 time/s & has 1 answer/s.
| Crossword | Date | Answer |
| L.A. Times Daily | 24 June 2018 | REFI |
| The Washington Post | 24 June 2018 | REFI |
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