Wall Street Crossword Clue Modified mortgage, for short Answer For Today May 13, 2024

Crossword solving is when you complete a puzzle by filling in words using clues. The puzzle has a grid of squares, some black and some white. Each word has a clue that helps you figure out what it is. You use your words and knowledge to find the right answers. Lots of people like doing crosswords because they are fun and make you think.

We are here with a crossword clue Modified mortgage, for short, so join us to solve this clue.

Now, check out the clue meaning, hints, and clues we have given here.

Meaning of the Clue:

The clue ‘Modified mortgage, for short’ suggests a term commonly used in the financial industry to describe a specific type of mortgage adjustment. It's abbreviated, indicating it's a shortened form of the term often used informally.

Hints

This is a short word often used in finance.

It's about changing your home loan to get better terms.

You hear it a lot when people talk about saving money on their house payments.

It starts with "RE" and has two more letters.

It's like giving your mortgage a makeover.

What do you call it when you tweak your home loan to make it work better for you?

Answer

The answer is REFI.

Answer Explanation

The answer to Modified mortgage, for short is REFI. The clue "Modified mortgage, for short" points to the answer ‘REFI,’ which stands for ‘refinance.’ Refinancing is when you get a new loan to replace an old one, usually to get better interest rates or terms. In crossword puzzles, ‘REFI’ is often used as a short way to talk about this. So, the answer fits because it's a quick term for changing a mortgage.

Wall Street Crosswords are special puzzles found in newspapers like The Wall Street Journal. They're like regular crossword puzzles but with words and phrases related to money and business. So, instead of just general words, you'll find clues about finance, economics, and other money-related stuff.