Mortgages issued to people who cannot really afford houses are called variable rate mortgages.

Name: Mortgages issued to people who cannot really afford houses are called variable rate mortgages.
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Mortgages issued to people who cannot afford houses are typically called subprime mortgages. Variable rate mortgages, on the other hand, have interest rates that can change over time based on various factors such as market conditions and the economy.

Mortgages Issued to People Who Cannot Really Afford Houses Are