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Buying a House: How to Prepare Your Finances First | Your Money Briefing | WSJ

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The process of buying a home is often filled with excitement, but also confusion and sometimes disappointment.

The WSJ’s special series “Under Contract: Your Guide to Home Buying” aims to help buyers on their journey to securing a new home.

In the first installment, “The Money Coach” CEO Lynnette Khalfani-Cox joins host J.R. Whalen to discuss getting your personal finances in order before beginning your search.

0:00 Do people often underestimate the amount of work that goes into buying a home?
1:04 Beginning steps of sorting through your finances before buying
3:08 What to know about mortgage rates
4:50 How much money do you need for a down payment?
6:58 How important is your credit score?
8:27 Steps to boost your credit score
12:30 Other expenses to be aware of when purchasing a house

Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing

#Homebuying #PersonalFinance #WSJ
Category
Television
Tags
buying a house, homebuying, prepare your finances
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