FHA or conventional 20% down?

What should I go with - FHA or conventional 20% down. As far as time frame on how long we plan to live here, I really do not know but hopefully long enough. I factored in the pros and cons for both FHA and conventional (such as PMI, discount points etc), but I am having a hard time coming to a conclusion. The only... show more What should I go with - FHA or conventional 20% down. As far as time frame on how long we plan to live here, I really do not know but hopefully long enough. I factored in the pros and cons for both FHA and conventional (such as PMI, discount points etc), but I am having a hard time coming to a conclusion. The only thing that scares me, as many would have figured, is further drops in price - how much and how long? This is in northern CA (Sacramento), if it makes any difference.
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