I’m a single parent in my 50s. Should I add my children, 23 and 29, to my mortgage loan to help me qualify?

Housing Market Overview - The housing market is increasingly out of reach for first-time buyers due to persistently high interest rates, with the current 30-year mortgage rate at 6.4% [1] - The market is bifurcated, with repeat buyers benefiting from increased housing equity, while first-time buyers have shrunk to a historic low of 24% of all buyers, down from a historical norm of 40% prior to 2008 [15] First-Time Home Buyers - The median age of first-time home buyers has reached an all-time high of 38, compared to the late 20s in the 1980s [14] - First-time home buyer household income has increased by $26,000 over the last two years, with the current median household income at $97,000 [15] Financial Considerations - Adding children to a mortgage application can affect their future ability to secure their own mortgage, and refinancing may incur significant costs [2][6] - It is advised to consult financial professionals before making decisions regarding mortgages, as real estate agents may have conflicting interests [3] Home Ownership Dynamics - Different types of home ownership exist, such as joint tenancy and tenants in common, which can affect ownership rights and responsibilities [12] - The arrangement of having children on a mortgage but not on the deed can leave co-signers vulnerable, as they bear the financial risk without ownership [8]