: While 20% remains the "gold standard" to avoid private mortgage insurance (PMI) and secure the best rates, Orman has adjusted her rule to a 10% minimum given recent price hikes.
: You must have 8 to 12 months of living expenses saved in a separate account after the down payment is paid. suze orman buying a home
: You should only buy if you plan to stay put for at least five years, preferably 10, to ensure the home's value appreciation outpaces the high costs of selling (like the 6% agent fee). : While 20% remains the "gold standard" to