How Much First-Time Buyers Should Save
“Singles, couples, families — at some point almost everyone turns their financial attention to buying a home. But how much do we really need to save the first time out? How much is enough to handle the typically steep curve of down payments and closing costs?
When it comes to saving for a home, there are some helpful rules of thumb. But then, there are also alternatives for buyers who need a leg up.Let’s look at the basics and some workarounds when considering approaches that first-time buyers can take to getting through the front door of their first house…”
Image by Garry Knight via Wikimedia Commons.