Take the Fed's rosy outlook with a hefty grain of saltguardian.co.uk, UK -1 hour agoFigures from the Council for Mortgage Lenders showed that in the year to March, 23000 borrowers who took out 100% mortgages were already in negative equity ... Many people dream of owning their own homes but only very few are able to pay cash for them. This is why FHA mortgages are one of the popular methods to find a source for consumer credit. People who could not otherwise afford to own a house become homeowners with the help of FHA mortgage insurance programs.