551: Ask Farnoosh, How much should I spend on my mortgage payment & interest rate?

Published: March 24, 2017, 7 a.m.

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My dad thinks renting is a waste of money but am I too young to become a homeowner? What exactly is home equity? If my wife and I want to buy a home in the next 5 years is saving the money in a Betterment account a good strategy? Just received a work bonus... where should I allocate the funds? Answering these questions and more on this week\'s Ask Farnoosh.

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