Is putting 3% down or traditional 20 % as downpayment better :- ? Need Advice

[Sidd Chitnis]

BP family: If money for downpayment is not a problem what would be sane thing to do in this interest rate environment ? Is putting less down and holding onto your cash now for a refi- later when the interest rates come down a good idea?

I am trying to buy a condo and was thinking of going the FHA route with 3% down but that also means i would end up paying more interest at the end of my term. The value of the property i am looking at is around 550K

Thank you and appreciate everyone's help.