Downpayment Requirements News Today

Also, regulators could delay new rules theyve been proposing here to make 20 percent downpayments the standard for the housing industry, for the lowest cost loans. republicans also want to raise downpayment requirements for the federal housing administration, the fha which provides hundreds of thousands of mortgages a year to lower income families with as little as 3 1/2% down. republicans have been pushing to raise that to at least 5 percent down. but this report today will likely keep that mov...