What to Look Out For in a Fixed Rate Mortgage. Adjustable Rate Mortgage: A Consolidation Option ... by Lam JW Ray For many home buyers, the only real decision they have to make is whether to have a 1... 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.