Here's our Twitter topic of the day:
Barack Obama today unveiled a massive foreclosure prevention programme that seeks to lower mortgages to sustainable levels and encourages homeowners to restructure their loans.
American homeowners: will the plan help you?
Share your thoughts by sending us a response on our GuardianUS Twitter page. You can do this by logging on to your Twitter account, typing @GuardianUS and then your comment of 140 characters or less. Of course, you can always comment on this blog post.
UPDATE: Responses from Twitter users
No, it won't. My husband and I purchased wisely and within our means, apparently so we could afford to bail out those who didn't
And Jon Hansen in Glendora (assuming California) seconds that:
I'm with @catfromtex. We got a House and a Mortgage we could afford and not a "buy now - don't pay later" Mortgage
Thanks for those comments. Keep them coming.