The clue for your today's crossword puzzle is: "Better mtge. deal" ,published by L.A. Times Daily. Please check our best answer below:
Understanding Today's Crossword Puzzle
The clue for today's crossword puzzle is "Better mtge. deal" and the answer is "REFI". Let's break down why this clue corresponds to this answer:
- Better: The word "better" signifies an improvement or enhancement. In the context of a mortgage deal, individuals often look for ways to improve their existing mortgage terms, whether it's to lower their interest rate, reduce their monthly payments, or shorten the loan duration.
- mtge.: This abbreviation is commonly used to represent "mortgage" in crossword puzzles. It is a concise way of referring to the specific topic related to housing loans.
- deal: In the context of mortgages, a "deal" refers to an agreement or arrangement between a borrower and a lender. It encompasses the terms, conditions, and interest rates associated with a mortgage loan.
When we combine these three elements, we get "Better mtge. deal." The answer to this crossword clue is "REFI." "REFI" is a popular abbreviation for "refinance," which perfectly aligns with the clue.
Refinancing is a financial strategy homeowners use to get a better mortgage deal. It involves paying off an existing loan with a new one that offers more favorable terms. This process allows borrowers to take advantage of lower interest rates, modify their loan duration, or alter other financial aspects to enhance their overall mortgage agreement. Refinancing presents an opportunity for individuals to obtain a better mtge. deal, hence the answer "REFI" for today's crossword.
By refinancing, borrowers can potentially reduce their monthly payments, save money on interest over the life of the loan, or even tap into their home's equity for other financial needs. It is a valuable financial option that homeowners often consider when the conditions are favorable.
In summary, today's crossword clue "Better mtge. deal" is best answered by "REFI" as it reflects the concept of refinancing, which helps individuals improve their existing mortgage terms. Refinancing offers opportunities for borrowers to obtain more advantageous loan agreements, making their mortgage deals better in various ways.
The Crossword clue "Better mtge. deal" published 3 time/s & has 1 answer/s.
| Crossword | Date | Answer |
| L.A. Times Daily | 6 October 2020 | REFI |
| The Washington Post | 9 September 2018 | REFI |
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