Up until one month ago I was receiving offers by mail and email for mortgages for 125% of my home value. They had specific information on me and my home because I had just refinanced. They offered to cut my monthly payment in half but unless you read the fine print you did not know that this was a temporary rate which would fluctuate with interest rates. Does anyone really believe that interest rates will not go up within the next three years while incomes don't? This was sheer greed and stupidity on both sides.