Will FHA Down Payments increase?

Fha_update
There is a Republican draft bill in a House Subcommittee that if approved, could raise the minimum down payment on FHA loans from 3.5% to 5%.  The National Association of Realtors is fighting the change due to the belief it will slow down the housing recovery.

Read more: http://blogs.wsj.com/developments/2011/05/23/republicans-realtors-to-spar-over-fha-loans/?KEYWORDS=mortgage