July 4, 2025

dave ramsey

Mortgage

North Carolina woman tells Ramsey Show hosts she and her ex both stopped paying the mortgage after they split

Janelle from Raleigh, North Carolina, says she “did the ultimate no-no” when she bought a house with someone to whom she wasn’t married. After about a year, they broke up and she moved out. Now, they’re four months behind in mortgage payments, haven’t been able to sell the house and are facing foreclosure. She’s also

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Mortgage

I’m 69 with a $250K reverse mortgage hanging over my head — should I use up most of my nest egg to pay it off?

Imagine this scenario: Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, especially since the loan comes with a hefty interest rate of 6.75%. She currently has about $375,000 in home equity while her reverse mortgage loan is close to

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