The National Association of Realtors has released a statement regarding the US Government backed mortgage entities, Fannie Mae & Freddie Mac (FNMA & FHLMC) and how their importance in the market is noted.

The real estate market and mortgage industry relies on the stability given by the prescence of Fannie Mae & Freddie Mac – the National Association of Realtor’s praised the US Treasury this month for allowing fair and affordable mortgages available to buyers/borrowers.

Fannie Mae & Freddie Mac are the some of the largest buyers of conforming mortgages on the secondary market, meaning that what goes on with FNMA & FHLMC effects the industry, banks and every homeowner in the US, including of course Sedona, Arizona. These government backed enterprises are the backbone of the real estate market and through its guidelines being constant and expanding they allow the US economy and housing market to grow.

If you are pre-approved for a mortgage and are looking for a property in Sedona Arizona and the surrounding Verde Valley area then please contact Claudia Ault and her team in Sedona, Arizona.

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