Millennials are raiding 401(k)s for a down payment—there’s a better way

 

Source: Hereb Weisbaum, NBCNews

Rising prices are making it difficult, if not impossible, for some first-time home buyers — especially millennials — to come up with enough cash to cover the down payment.

To get in the game, some millennials are raiding their retirement accounts for that money, according to a recent report from Bank of the West.

Read Full Article: Millennials are raiding 401(k)s for a down payment—there’s a better way

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