According to a recent National Association of Realtors publication and FHA.gov, the insurable loan amount cannot be more than 115% of a Market's median home price.  FHA aims to continue helping struggling homeowners refinance and to allow first time home buyer's to take advantage of a great market.In addition to these modifications, FHA is also now requiring 3.5% down rather than the traditional 3% down.  A mere .5% isn't much, but will make a difference.  FHA continues to be the most liberal financing method and is an option for most home buyers (so long as the home fits FHA standards).  In some cases FHA will loan on properties to borrowers with a credit score as low as 580.Home sellers benefit greatly by positioning their home to fit the FHA guidelines - most newer homes conform, but older homes (such as those with peeling paint, abandoned oil drums, and old roofs may not.)For more information or got get your questions answered feel free to contact me!