Considerations for Buying a House

Mariana, a listener, asks for advice on buying a house. She and her husband have saved in three different categories: an emergency fund, retirement stocks, and bonds for the down payment. However, they are unsure if their savings will be enough. The speaker advises against tapping into the emergency fund and suggests considering selling some stocks or waiting for interest rates to lower. He also mentions the increase in home prices and the challenges for new entrants into the housing market. He recommends exploring first-time homebuyer programs and being patient in the search for a property.