Should You Take This Piece of Dave Ramsey Advice Now That Mortgage Rates Are Higher?

·3 min read
Should You Take This Piece of Dave Ramsey Advice Now That Mortgage Rates Are Higher?

If you're in the market to purchase a home, you're no doubt aware that mortgage rates have been on the rise since the start of 2022 -- and they don't seem to be creeping back down toward the record lows borrowers enjoyed during the second half of 2020 anytime soon. Meanwhile, financial expert Dave Ramsey is a huge advocate of minimizing consumer debt. Or will doing so leave you with unbearably high housing costs you can't keep up with?