Income Stability Becomes Key Factor in Homeownership Eligibility in the U.S.
A new Truework analysis of 300,000 mortgage applicants shows that income stability, along with location and occupation, is now a critical factor in determining mortgage eligibility. The share of applicants with income instability rose from 50% in 2022 to 62% by mid-2025, with the severity of income swings nearly tripling. This shift is reshaping the U.S. housing market and affecting who can afford to buy a home.
Topics: economic analysis homeownership housing market trends income stability mortgage affordability