If you just finished watching the news and read the title of this blog you may think I've lost my mind. Yet while the recent challenges in the housing market may have drained the equity from millions of homes across the country, the vast majority of homeowners are still happy with their purchases. An over whelming 90 percent of home owners say they don't regret buying their current home. That's even in the face of stagnant or sliding home prices they've suffered.

Only 9 percent of respondents expressed second thoughts about buying a home. Why? Most often because they couldn't sell their home and move on or because they were unable to afford the monthly mortgage payment.

Another positive, now only 8 percent of Americans don't know what type of mortgage loan they have. That's a lot lower than the 26 percent of respondents just two years ago who said they were in the dark about their mortgage type.

Being bullish on home ownership isn't necessarily new. A recent Fannie Mae report revealed 70 percent of consumers see a home as one of the safest investments to make and 64 percent think now is a good time to buy.

In a recent poll of 1,001 randomly selected adults last month here were a few surprise findings. Fixed-rate mortgages are gaining in popularity. Seventy-nine percent of respondents said they had this type of mortgage on their home. Americans making more than $75,000 preferred fixed-rate mortgages. Almost 90 percent of those who were asked, said they used a fixed-rate mortgage.