Young home buyers relying on older mortgage co-signers is at an all-time high going back about 30 years, following a post-pandemic spike. Young homebuyers are also getting down payment help.
The trend of younger homebuyers, who are more often first-timers, seeking parental help to reach a middle-class milestone is just the latest sign of growing disparities between younger generations and older ones.
The trend of younger home buyers, who are more often first-timers, seeking parental help to reach a middle-class milestone is just the latest sign of growing disparities between younger generations and older ones.
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