Current down for FHA can vary from ZERO to 3.5%. It depends on several factors as well as what program you go for. Best to speak DIRECTLY with a DIRECT lender for REAL DETAILS.
I have a great contact at WElles Fargo who can surley help you gather the info you need.
Shoot me an email with your conatct info. I will rpovide you with her contact info. NO OBLIGATION!!!
As to the future of home prices NO ONE can tell you for sure. Prices have been rising as of late, but interest rates remain low which is good news for buyers and sellers alike.
Kawain Payne, Realtor