In today’s tough housing market, some first-time home buyers are looking to their parents for help. Here’s what to know if you plan to do the same. By Anna Fixsen Last summer, after years of bouncing ...
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What is a down payment? How do they work?
A down payment is the portion of a home’s purchase price the buyer isn’t financing with a mortgage. The amount is paid upfront at closing. Depending on the buyer’s finances and the type of loan, down ...
Consumers are putting down less money on their new rides, but there are other ways to make up for what a down payment might have been.
Every week, Allworth Financial’s Steve Hruby, CFP®, and Bob Sponseller, ChFC®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those ...
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