What Does Refinancing Mean Exactly? Refinancing is when an existing debt obligation is replaced with a new one under different terms. Most commonly used for a home mortgage, people who refinance their homes receive a new mortgage at a lower rate typically.
The University of Cincinnati was placed 156th in world rankings in the 2011 US News and World Report. It is also classified by the Carnegie Foundation for the Advancement of Teaching as a "research university" because of its high research activity.