Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

How a Certificate of Deposit Can Help You Finally Save Up for a Home

Saturday, April 19, 2014 - 8:04 AM
One of the biggest hurdles to buying a home is getting that 20 percent down payment saved up. It’s a huge sum of money, though admittedly a huge accomplishment when you have enough cash stashed away to finally buy a house.  Fortunately, there’s a very simple solution, and it comes in the form of a certificate of deposit.

Best Way to Save for a House: Use a Certificate of Deposit

ShorebreakShorebreak2,683 posts since
Apr 6, 2010
Rep Points: 14,546
1. Saturday, April 19, 2014 - 8:25 AM
 Not only are CD's a great and safe way to save but an important part of this article is the 20% downpayment. 
Ally6770Ally6770937 posts since
Jan 16, 2010
Rep Points: 2,727