Choosing the Right Mortgage – Mortgage Basics There is an astounding range of commercially available mortgage products, which makes choosing the right mortgage increasingly difficult without a firm grasp of mortgage basics Here we try to give the consumer struggling to understand the basics of what a mortgage is, how it operates, and what features are right for him or her, the basic terms and distinctions that will allow the consumer facing an all-important mortgage decision – perhaps for the first time – to begin to choose the right mortgage from the thousands of mortgage products available on the market

There is an acute interconnectedness between psychology and economics Every now and then it is worth one’s while to step back and try to parse out what is merely “psychological economics” from the more “fundamental” economics of quantifiable numbers, indicators and trends