Millennial first-time homebuyers lag in financial prepping

A significant quantity of millennials intending to buy their very first home during 2020 never have yet taken the monetary steps essential to effectively finish the procedure, a TD Bank study found.

Simply over 50 % of the 850 individuals between 23 and 38 surveyed, 52%, began saving for an advance payment although they plan to buy home in 2010. (more…)