The takeover of Freddie Mac and Fannie Mae may help mid-Missourians buy or sell in a risky market.

Driving down the street, seeing for sale sign after for sale sign, home owners get a queazy feeling. However, the government's intervention into refueling the mortgage industry may be a financial antacid.

"Well the details are yet to be determined but this should help to take some of the uncertainty out of the market," says Steven Smith, President of Premier Bank.

"The country is going through, and certainly pockets of the country is going through, a housing correction and a lot of things built up to this point. So i think it was inevitable this was going to happen," says Julie Wilford, Gold Remax Realtor.

While there is still uncertainty, there is also the hope of help.

The change may also provide additional options for those facing foreclosure or who are late on payments. Interest rates may decline as a result, as well as seeing a boost in the housing market along with the economy.

"The government is stepping in at a time where they're not doing a bailout necessarily, they're creating a pre-emptive measure and so they're buying time to be able to fix a long term problem," says Lisa Weaver, Certitude Mortgage President. "It helps get back to the fundamentals of the market, more of the buy and sell transactions and so forth."

Fundamentals or not, bailout or whatever, the taxpayers will still have to pay for it.

Weaver says that mid-Missouri has not felt the blow to the housing market like many coastal cities, but it still has definitely felt a biting pinch.

Edited by: Lara Montague