Study: Nearly Half of New Homebuyers Struggle to Pay the Mortgage

By Lindsey

May 15, 2024

 Nearly half of new homebuyers are struggling to pay their mortgages on time. That's according to a survey conducted by real estate experts at Clever. It said that 47-percent of recent homebuyers feel they're in over their heads financially. A similar number, at about 44-percent, said they've taken on additional debt other than their mortgage since buying their house. Many of the buyers say they regret the decision and it’s not making them happy.

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