Dave Ramsey Warns Debt 'Crushing' Young Homebuyers As Mortgage Rates Hit 3-Month High - Federal Home Loan (OTC:FMCC)
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Published on March 23, 2026.
Personal Finance Analyst Dave Ramsey has warned that record levels of car, student loan and credit card debt are negatively impacting young Americans' entry into the housing market. The warning comes as mortgage rates reach a three-month high just before the spring buying season begins. The debt burden is compressing disposable income at a time when first-time buyers need financial flexibility.
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