Parents as Bankers - a podcast by American Pastors Network

The Wall Street Journal recently reported that, “More than 26% of mortgage borrowers who used Federal Housing Administration-insured loans got assistance from a relative to make the down payment in the 12 months through Sept up from 22% in 2011.” Is this a good a good trend overall or does it say something about the underlying economic conditions? If a parent wishes to help a child with the finances for a new home, what type of things should they know?

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