Should I stop/reduce retirement savings while preparing for down payment?
Should I stop/reduce retirement savings while preparing for down payment? Me and my spouse are both first time homebuyers in our late 20s expecting to purchase a SFH during next summer. We are currently on track to save around a 20% down payment while continuing to max our Roth IRAs and contribute a little to our employer retirement plans for this year and the next year. With mortgage rates currently being near 7%, I ...