They also initially offer
attractive teaser rates, only to become less affordable as you get older.
Not exact matches
The
teaser rates usually last 6 - 12 months, but some stretch out as long as two years, and can be staggeringly
attractive for short - term debt.
And, it would not have been possible without the Greenspan ultra-low
rates, which made the
teaser portion (the «2» of the 2/28) of these mortgages so
attractive.