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Bank of Mum And Dad Nearly Bigger Than Suncorp

The Bank of Mum and Dad is nearly bigger than Suncorp having lent $29 billion to first home buyers.

#Mortgages #HomeLoans #HeiseSays

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The Bank of Mum and Dad is nearly bigger than Suncorp having lent $29 billion to first home buyers. What is worrying is that some people are putting their only financial security at risk to help their children get into the housing market.

References

How ‘Bank of Mum and Dad’ almost outstrips Suncorp in first home-buyer loans