Chapter
Clips
The speaker emphasizes the importance of prioritizing mortgage payments and avoiding falling behind on them to prevent further debt accumulation.
02:02 - 05:18 (03:16)
Summary
The speaker emphasizes the importance of prioritizing mortgage payments and avoiding falling behind on them to prevent further debt accumulation. They also mention having gotten a second job to bring in additional income.
ChapterStruggling to Make Mortgage Payments
Episode2023 Real Estate Trends: Should You Buy a House Right Now? (Hour 1)
PodcastThe Ramsey Show
A man calls in to report that he is having difficulty making mortgage payments and has been unable to make a payment.
05:18 - 06:55 (01:37)
Summary
A man calls in to report that he is having difficulty making mortgage payments and has been unable to make a payment. Rachel advises him to call the mortgage company to set up a repayment plan, prepare a budget, and communicate with the company in writing to avoid foreclosure.
ChapterStruggling to Make Mortgage Payments
Episode2023 Real Estate Trends: Should You Buy a House Right Now? (Hour 1)
PodcastThe Ramsey Show
The speaker advises making sure to pay off any amount due currently and save up aggressively to meet the loan repayment deadline.
06:56 - 08:39 (01:43)
Summary
The speaker advises making sure to pay off any amount due currently and save up aggressively to meet the loan repayment deadline. Additionally, the speaker suggests requesting to lock in the rate once the amount due is fully paid to prevent incurring more penalties.