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The 2008 Financial Crisis Explained

Civics 101

00:00

Refinance Your Mortgage or You Can Sell Your House

A lot of the people who got one did not actually have enough money to even make a down payment on their house. Refinanceing your mortgage, taking out a new one that takes your home's higher value into account or taking out a home equity loan. But don't worry because traditionally, historically, all the model show housing prices always go up.

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