Using Retirement Funds To Pay for House Is Risky

Washington — The housing market is expected to be busier than usual this winter as some home buyers rush to act before the Federal Reserve raises interest rates. Some consumers who haven’t yet been able to save the money for a downpayment may be tempted to raid their retirement accounts for the cash. For people with decent retirement savings, that can be a way to diversify investments. But people considering the move should consider...

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