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Many buyers are approaching home loans more cautiously this year as mortgage rates, affordability concerns, and economic uncertainty influence borrowing decisions. Instead of rushing into purchases, borrowers are carefully evaluating financial readiness and long-term repayment stability before committing.

Mortgage forbearance is a temporary relief option that allows homeowners to pause or reduce mortgage payments during financial hardship. As household budgets tighten and unexpected expenses appear, some borrowers are turning to mortgage forbearance as a short-term way to stabilize finances while keeping their home loan in good standing.