re: America's housing policy: The definition of insanity

3% down conventional loans are coming back because the PMI companys are making an nice profit these days due to tight lending standards. FHA loans are super expensive because everyone got tired of bailing out FANNIE and FREDDIE so FHA raised the montly PMI payments 4 times in the last 3 years. As long as they do not bundle securities with these loans everything will be okay. Also i tend to discount anything the national new agency's say about the houseing markets they mention in every article that you need 20% down to buy a house and that is total BS.