Baby Boomers Show Willingness to Assist Children with Home Buying

Baby boomers are more and more willing to help their children and grandchildren become homeowners, according to a recent survey.? Twenty percent of baby boomers have already helped family members buy homes already, and more than two-thirds of boomers want to provide family with home buying assistance in the future.? The help comes primarily through giving money to help with down payments or mortgages.? Boomers say that the primary reason for giving is so that their children and grandchildren can fulfill the American dream.