Mortgage Management refers to the process of overseeing and organizing a mortgage loan, which is a loan specifically used to purchase real estate. This involves tracking payments, understanding interest rates, and managing the loan's terms to ensure timely repayment. Effective management can help homeowners avoid default and maintain good credit. Additionally, Mortgage Management includes refinancing options, where borrowers can adjust their loan terms for better rates or lower monthly payments. It also involves keeping up with market trends and regulations that may affect mortgage rates, ensuring that homeowners make informed financial decisions throughout the life of their loan.