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October 18, 2019
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Personal debt

CNBC - Real Estate

Here’s how many people tapped a retirement plan to buy their house

CNBC Real Estate
Tony Anderson | DigitalVision | Getty Images Some people will do just about anything to buy their first home. Just under 10% of homeowners surveyed by Bankrate.com, a personal finance website, said they took out money from their retirement savings to help cover the down payment and closing costs on...
CNBC - Real Estate

Homeownership eludes millions of millennials. Here’s why

CNBC Real Estate
Homeownership eludes millions of millennials. There is a whole host of reasons, including personal preferences and economic disadvantages, that explain why the homeownership rate for the largest generation in U.S. history is lower than that of their parents and grandparents. “In my generation — I’m a baby boomer — you...

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