is it true that fha down payments will no longer be 3.5%

No.. The 5% minimum down payment only applies to "non government insured" loans.. so if your using FHA, VA or USDA, then your ok.. If you use conventional financing, you will need 5% or more down payment.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Raising the down payment to 5% was being looked at a year or two ago but haven't heard anything about it since. It is still 3.5% until we hear differently.

It's still 3.5%

No changes in the FHA 3.5% downpayment seem to be in the works right now. Other parts of their guidelines are changing, and conventional loans are available with 3% down right now but that is increasing to 5% in about 30 days

The down payment is still 3.5% unless you have a FICO score that is lower than 580 then you would be required to have 10% to get a FHA loan.

FHA is still 3.5% down payment.

There was some talk awhile ago about raising it, but it was just talk, and never happened. FHA loans are still just 3.50% down. That down payment can be your own money, a gift from a family member, or from an acceptable state, county, or community program. in MN and WI visit www.JoeMetzler.com/fhaloans.htm for more info