Federal Housing Administration New Proposals

 *There is talk about raising a buyer’s down-payment from 3.5% to 5%.   Of course, this is just being considered, but this could signal things to come.

 *FHA is also considering lowering allowable seller concession to 3%.   This would be down from 6% which is what’s allowed in today’s market.

 *There is also speculation that the FHA is interested in raising their mortgage premiums.    

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