Wait or buy? What to do when home prices rise faster than down payment fund
Wait or buy? What to do when home prices rise faster than down payment fund
By Zach Wichter | Bankrate.com
If you’re trying to break into the housing market right now, you may find that your down payment fund isn’t going as far as you thought it would. Record-breaking rises in home prices mean the targets you set to save, say, 20 percent of your expected home purchase price may no longer cut it.
Here’s what you need to know about what’s going on in the housing market and…
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