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XECO 212 Week 5 A New House – Risks and Benefits

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XECO 212 Week 5 A New House – Risks and Benefits

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XECO 212 Week 5 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 websites 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 350-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?

 

 

 

 

Click the Assignment Files tab to submit your assignment.

XECO 212 Week 5 A New House – Risks and Benefits https://uopcourses.com/category/xeco-212/ XECO 212 Week 5 A New House – Risks and Benefits The government and the fiscal policy it implements play a large role in the housing market.
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