Bank blow leaves homebuyers down but not out for goodScotland on Sunday, UK -1 hour agoEven the best fixed deals now have an APR of around 2% above base rate once fees are included, with the less competitive priced considerably higher. ... 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.