My subprime rate (on a mortgage of 450K) went up in May from 7.5 to 9.5 and will go up again in Nov and Feb of next year. I have been making payments on time for the last 3 years and at 9.5% I am still making the payments on time but possibly not for long. I am afraid any small change in my financial situation will put me over the top. Is it greed that is making these lenders pump up the rates every few months? In times of a national crisis, such as these, what options do I have to get the lender to go back to 7.5%? My current credit score is 560. Is filing bankruptcy an option? Any ideas anyone?