Co-signing a mortgage for one's children is a risky financial decision, particularly for first-time buyers with lower credit scores and incomes.

Co-signing your kids’ mortgage? Here’s why that’s a risky idea Co‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, the Bank of Canada said. #Consumer #Economy #Money #mortgages https://globalnews.ca/news/11804486/co-signing-kids-mortgage-risky/

Co-signing your kids’ mortgage? Here’s why that’s a risky idea Co‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, the Bank of Canada said. #Consumer #Economy #Money #mortgages https://globalnews.ca/news/11804486/co-signing-kids-mortgage-risky/