Low-income people were being given adjustable rate mortgages with very low starter rates, called "teaser rates," " that would be raised in the future.

低收入人群贷款时会享受到刚开始利率巨低的可调利率,但是随着时间的推移利率会慢慢增长“,这就是所谓的“引逗利率。

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Low-income people were being given adjustable rate mortgages with very low starter rates, called "teaser rates," " that would be raised in the future.

低收入人群贷款时会享受到刚开始利率巨低的可调利率,但是随着时间的推移利率会慢慢增长“,这就是所谓的“引逗利率。

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They understand that the teaser rate of an adjustable-rate mortgage is exactly that, a teaser.

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They had a good payment history for the first two years or three years under the teaser rate.

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Also, the low teaser rate on a subprime loan allows the buyer to borrow more, helping to boost sales prices and commissions.

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