Is it always best to put 20% down on a house to avoid PMI?

Just curious what the consensus is. I’ve been saving up so I can put 20% down on a house. I have a couple family members who say it’s better to take out an FHA loan and put down a very small amount. They argue it’s better to have the extra money invested in stocks rather than putting a large amount towards a down payment.

Any thoughts?

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Author: /u/ViciousGoosehonk

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