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GOBankingRates
GOBankingRates
Travis Woods

Trump Just Dumped His Plan To Let You Use Your 401(k) for a Down Payment: What Now?

Donald Trump GOBankingRates GoBankingRatescom
Anna Wilding / SplashNews.com

Despite the fact that President Donald Trump had previously suggested allowing Americans to withdraw from their 401(k) retirement accounts in order to pay the down payments on home purchases, he is now signaling an abrupt change of course.

So what changed, and what could that mean for homebuyers?

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