Banks lie to you, page-6

Ahem. It's called sales. What you're describing can be found everywhere from real estate to banking to buying a pair of socks. Banking is a business and if you're silly enough to accept a 9% or mortgage rate in the current environment then you're carrying a big invisible sign that says rip me off. Nothing to do with government just the market economy we live in. Look around you'll soon find a rate around 6%.