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401(k) down payment assistance
Summary by National Housing Conference
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401(k) down payment assistance
Last month, Kevin Hassett, Director of the National Economic Council, floated the idea of allowing limited 401(k) withdrawals to support homeownership. Appearing on “Mornings with Maria” on FOX Business News, Hassett said the White House was considering announcing they would allow people to take money out of their 401(k)s and use that for a down payment. “The typical monthly payment about doubled… Source
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