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

 

Tags/Keywords


 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

Housing Menu

Help Desk

Advocacy