What did we learn from Obama's"plan" today ..... $1000 principal reduction per year, mortgage payments reduction to 31% DTI, government will pay mortgage holders is price declines, and FredFannie increased to 400B, and Obama asked lenders to lower rates.

This is great in all but will this really help the housing market?  I like the part that Obama asked the Lenders to lower the rates to help out..... how much liquidity do these Lenders have in order to take on a Refi Boom!

FHA Streamline is simple and fast.  If you currently have a FHA loan you can take advantage of today's interest rates with NO INCOME DOCS, NO CREDIT CHECKS, and NO APPRAISAL! FHA interest rates are at there lowest in years!  Remember no cost out of your pocket and the closing cost are extremely minimal!