How joining the Great Resignation could hamper homebuying plans

Source: Bankrate — 

If you joined the Great Resignation in the last year, you may have found it even harder to compete in the already wild pandemic housing market.

A record number of Americans quit their jobs in 2021, according to the Bureau of Labor Statistics, and while it was a liberating experience for many, it added a layer of complexity for resignees who were also trying to secure a mortgage.

It’s not impossible to quit your job and still get to closing, but any big life changes during the process do make your mortgage application more difficult.

​