Is Sticking Your Home Down Payment Funds in a CD a Smart Bet?

Is Sticking Your Home Down Payment Funds in a CD a Smart Bet?

When you invest, you run the risk of losing money, which could hinder your home-buying plans rather than make them a reality sooner. The upside of putting money into a CD is that you'll generally snag a higher interest rate on your cash than you will in a regular savings account. The benefit of saving in a CD is scoring a higher interest rate on your cash.