First-time buyers get leg-up from parents

Monday Jan 16th, 2017

Share

Canadians are increasingly tapping the ‘Bank of Mom and Dad’ for home down payments, according to a recent study. A record-number of Canadians are expected to accept help from their parents when buying a house this year in the wake of more stringent lending rules, according to RateHub. According to states released by the financial tech company, 42% of BC-based buyers received help from relatives. A shocking 45% of Quebecers received help; 38% of Albertans; 33% of buyers... [read more]

READ MORE

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/