Buying A Home
bronte83
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Best Way to Save Money for a Down Payment
I currently have a high-yield (0.9%) savings account with Ally, which I am using to save up money for a down payment on a home. Is there a better option out there? I'd ideally be using the funds in about a year or a year 1/2 to make the purchase.
Re: Best Way to Save Money for a Down Payment
Yes, you could do a short-term CD at a bank. The funds will be guaranteed so no risk to you. The only draw-back is that the funds are "locked" for that duration of the CD's term. To remove them means paying an early withdrawal fee. The rates will be higher than a savings account though, but not by much.
And disregard the PP. There is a repeat person who trolls the boards on TN, says horrible off the wall things, gets blocked, and then comes back with a new screen name. Chances are after readin gmy post about her/him/it, the person will write something nastier or post a vulgar photo.
I'm not really sure why this person doesn't have anything better to do...