savings
The Facts (and Myths) on Down Payments and PMI
Thinking about buying a home and worried about your down payment? You’ve likely heard the rule of thumb about not purchasing a home unless you can put 20 percent down. Before accepting this myth, Fred...
The No. 1 Reason Not to Use Retirement Money to Buy a House
Saving for a down payment can be difficult, making it tempting to break into your 401(k). While you may trust yourself to pay it back, there are serious downsides to borrowing from a 401(k) that could...