How to Save for a House While Renting – Bankrate
- December 4, 2020
- By: Greenpath Financial Wellness
The website bankrate.com asked GreenPath to weigh in on saving for a down payment while renting.
Homeownership “has always been the American Dream, but it kind of feels out of reach for a lot of people,” explains Jennifer Fraser, director of stakeholder engagement and contact center operations for GreenPath Financial Wellness, headquartered in Farmington Hills, Michigan.
While this sounds stressful, there are still ways to save money or get assistance for a down payment — and with mortgage rates so low, now may be a great time to explore these strategies.
MANAGING RENT PAYMENTS? 6 STEPS TO TAKE NOW
Whether you are trying to save up for a down payment or coping with unexpected circumstances including lost or reduced monthly income, there are many options to reduce stress. Our renter’s guide offers six steps to take to better manage rental payments.
GreenPath offers renters resources as well as homebuyer education programs to help build strategies to meet your goals..
Read the complete Bankrate article >
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