There are several points of interest in this video. In particular, the impact that raising the down payment will have on the number of qualified home buyers. Since FHA is back in favor as one the most widely used financing programs, due to lower home prices, this could further reduce home values (Economics 101 - Supply and Demand). There other sign of "smelling smoke before you see the fire" is the idea that interest rates will rise. Historically, it starts as a rumor and later becomes a reality.
JMO: If you have the ability to refinance, now is the time. Consult your preferred mortgage professional and ask about available programs.
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