Buying a home has long been part of the American dream, but many recent buyers are finding that keeping up with the monthly mortgage payment takes far more than they expected.
A new report from mortgage verification platform Truework found that 88% of recent homebuyers with a mortgage say at least one common financial setback could jeopardize their ability to make their monthly payment. A job loss, a major home repair or an unexpected medical bill could all push their finances to the brink.
