Comments by "Daniel Bradford" (@Falconlibrary) on "Cities where home prices are dropping the most" video.

  1. Sean, you can always renegotiate your interest rate but not the price of your house once you've bought it. My advice: buy a house, higher interest rate and all, and refinance when the Fed drops rates back down, which they always do during a recession. The only caveat is that if your home has negative equity--you owe more than its worth--the bank won't refinance unless you make up the difference with cash.
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