> >I think that the idea is to offer good terms in the beginning and then to
> >change them later.
>
> That's if they're poor. I
I get three or four such offers a week. They specifically say that the rate is fixed for the life of the loan -for most US households, that's likely to be a very, very long time, unless they file for bankruptcy.
-- Enrique Diaz-Alvarez Office # (607) 255 5034 Electrical Engineering Home # (607) 272 4808 112 Phillips Hall Fax # (607) 255 4565 Cornell University mailto:enrique at ee.cornell.edu Ithaca, NY 14853 http://peta.ee.cornell.edu/~enrique