down payment

Should You Lend Your Kids Money for a Home Down Payment?

Should You Lend Your Kids Money for a Home Down Payment?

Mortgage rates have repeatedly hit record lows in recent months, which theoretically makes it a great time to purchase a new home. Unfortunately, property values have also gone up due to high demand and limited supply.

With homes so much more expensive, many first-time buyers will struggle to come up with the funds to make a down payment -- even if they could easily qualify for a mortgage at an affordable rate.

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