A Deep Dive with Mortgage Expert Damon Steele | Exploring the Trend of Parental Support for First-Time Buyers
In Vancouver, the average first-time home buyer receives $180,000 from their parents according to a recent CBC news article. I sat down with mortgage expert Damon Steele to deep dive into the growing trend of parents contributing large amounts of money to their children's first home purchase. In this video, Damon covers the common concerns raised by parents and how he and his team of experts work to mitigate likely challenges before they arise. If you are considering helping your kids with a home purchase or are looking to start a conversation with your parents about this, then this video is for you.
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