Multi-generational Homes Are Coming Back

You may have heard of "boomerang" kids, adult children who move back in with their parents after college. According to a Pew Research report, 57 million Americans (18.1% of the population) lived in multi-generational homes in 2012. That's a big increase from the 28 million Americans (12.1% of the population) who lived in multi-generational homes in 1980. However, looking further back this trend toward multi-generational living is actually a trend back to multi-generational living: in 1940, 24.7% of the American population lived in multi-generational homes.

Multi-generational homes don't just help young people facing a recession - they also help retirees spend less of their retirement savings and create homes where young parents may have built-in babysitters or aging relatives have assistance available.

Read more about this trend here The Sensible Resurgence of the Multigenerational Home. Would you share a home with your parents or your adult children? Or, depending on your age, maybe both?

How Your Kids Affect Your VA Loan

If you're a parent and a veteran, this article will help you understand three ways that your kids affect your ability to get a VA loan for your new home. The cost of daycare, regular expenses and child support (whether paid or received) need to be taken into account when calculating your debt-to-income ratio.

Read on for more: http://www.veteransunited.com/futurehomeowners/how-the-cost-of-children-could-help-or-harm-your-va-loan/