This Is a Stupid Way to Buy a Home

About this episode

The episode discusses the risks and trade-offs of using a 7-year adjustable-rate mortgage for home buying.

Is a 7-year adjustable-rate mortgage a smart strategy if you plan to pay off your home early? We break down the risks and trade-offs. Next steps: 🏠Not sure what to do next when buying or selling your home? Check out our ⁠⁠Real Estate Home Base⁠⁠ for free tools and resources to guide your next steps. 🏠And if you’re ready to buy or sell your home, ⁠⁠connect with a RamseyTrusted® real estate agent⁠⁠. They’re experts who’ll help you confidently navigate homeownership the way we teach. Explore more from Ramsey Network: 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy

People in this episode

Host: Ramsey Network

Topics covered

• home buying
• mortgage strategies
• financial risks
• real estate
• homeownership

Keywords

• adjustable-rate mortgage
• home buying strategy
• financial risks
• real estate advice
• homeownership

Mentioned in this episode

Organizations: Ramsey Network

Products: 7-year adjustable-rate mortgage

More episodes of Real Estate the Ramsey Way

• We Keep Getting Outbid on Houses (Should We Offer More?) · June 8, 2026 · 17 min
• How Do I Prepare to Receive an Inherited Property? · June 1, 2026 · 18 min
• The Mindset You Need to Buy Your First Home (Dave Ramsey Explains) · May 25, 2026 · 10 min
• Am I Making a Huge Mistake Not Hiring My Own Real Estate Agent? · May 18, 2026 · 11 min
• My Boyfriend’s Mom Is Trying to Control Where We Live · May 11, 2026 · 11 min
• Everyone Says This Is The Best Way To Buy a Home (Are They Right)? · May 4, 2026 · 9 min