Talk about it
This activity may be difficult for some groups of students.
If so, you may select a pair of more advanced students to
role-play the activity in front of the class.
Divide into pairs. Imagine that Partner
A is ready to buy a house. Partner B is an “experienced”
friend who will ask Partner A about what kind of mortgage
he or she needs. Partner B should ask questions such as:
1. How long a repayment term do you want?
2. What type of mortgage do you think
you need?
3. What will you do to get the best possible
interest rate?
4. How large a down payment can you make?
5. How much do you think you will need
to pay closing costs?
