Adopt your mortgage? You heard right

The average consumer goes into a fixed-term mortgage thinking they will “set it and forget it”, but the market is always moving. One of the biggest misconceptions mortgage consumers have is that if they are locked in, they don’t have to worry until maturity. Worse yet, some consuers may choose to take an adjustable mortgage option and follow the market with no idea as to what indicators they should be watching. As consumers, we all mean well, but sometimes we just don’t know what we don’t know (which is fair). In other situations, we may be steered in the wrong direction, which is where I…