Tuesday, October 23, 2007

Mortgages for Your Children

The record increases in house prices has caused an increase in intergenerational wealth inequality. Basically, people who bought houses 20 years ago, have benefited from a rise in wealth. However, the younger generation face an uphill battle to get a mortgage.Therefore, many parents feel obliged to help their children get a mortgage.There are various ways [...]

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[Source: Mortgage Blog]

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