Looks like low cost, low down-payment FHA-backed loans will be around for sometime to come, this is great news for potential home buyers, but some argue that, the less money borrowers have to invest upfront, the more likely they are to walk away when threatened with foreclosure.

As of right now, buyers getting home loans backed by the Federal Housing Administration can put down as little as 3.5%, provided they meet certain financial guidelines. However, starting April 15th, FHA policy will implement a couple changes. For starters , the fee paid by borrowers will go up from 1.75% of the loan value to 2.25%. In addition, those borrowers with credit scores below 580 may be required to put down as much as 10% in order to get an FHA-backed loan.