XECO 212 Week 5 CheckPoint: A New House – Risks and Benefits

XECO 212 Week 5 CheckPoint: A New House Risks and Benefits

Asked by 5 years ago
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Week 5

CheckPoint: A New House Risks and Benefits

The government and the fiscal policy it implements play a large role in the housing market. In this CheckPoint, you examine how government policy has consequences for you and the decision to buy a house. This helps you consider situations and alternative decisions in your final project.

  • Assume for this CheckPoint that purchasing a new home is a major decision requiring a substantial financial outlay where the wrong decision has long-term financial consequences.

  • Evaluate the health of the housing market for the next two years by researching forecasts for mortgage rates, housing starts, and housing prices. The following Web sites provide a starting place for your research:

  • Mortgage rates: http://www.realtor.org

  • Housing starts: http://www.nahb.org
  • Housing prices: http://www.mbaa.org

  • Submit a 250- to 300-word response addressing the following questions:

  • Which government bodies influence national fiscal policies that potentially affect the housing market?

  • What are some national fiscal policies that can affect mortgage rates, housing starts, and housing prices? Be sure to provide specific examples.
  • What is your recommendation as to the risks and benefits of purchasing a home based on these considerations?
XECO 212

1 Answer

Answered by 5 years ago
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 XECO 212 Week 5 CheckPoint: A New House  Risks and Benefits

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Asked: 5 years ago