The U.S. Food and Drug Administration (FDA) is strengthening an existing label warning that non-aspirin nonsteroidal anti-inflammatory drugs (NSAIDs) increase the chance of a heart attack or stroke.
Not everyone receiving a cash gifts want to make a 20% downpayment, though. Cash gifts are also allowed for low-downpayment mortgages including the FHA purchase mortgage, which requires a 3.5% downpayment; and the Conventional 97 mortgage from Fannie Mae and Freddie Mac which requires just 3% down.
1 Gifts that are not more than the annual exclusion amount, $14,000 in 2015 (you can give this amount to any number of different recipients; you and your spouse can give $28,000 per year per recipient). Gifts that are not more than the annual exclusion amount, $14,000 in 2015 (you can give this amount to any number of different recipients; you and your spouse can give $28,000 per year per recipient).