Level 6 (Mortgages)

A mortgage can seem like a smart move, but it's important to understand the risks and responsibilities that come with it.

Banks gave mortgages to people who couldn't afford them, causing the 2008 financial crisis.

• Mortgages make you a homeowner, but they also make you a long-term renter
• Missing payments can result in losing your home and financial stability
• It's essential to understand the risks and responsibilities of owning a home with a mortgage