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XECO 212 Week 5 CheckPoint A New .pdf

Original filename: XECO 212 Week 5 CheckPoint A New.pdf
Title: XECO 212 Week 5 CheckPoint A New House-Risks and Benefits
Author: Dheerender

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XECO 212 Week 5 CheckPoint A New HouseRisks and Benefits
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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.
Resources: http://www.realtor.org,
http://www.nahb.org, http://www.mbaa.org
Assume for this CheckPoint that purchasing a
new home would be a major decision requiring
a substantial financial outlay where the wrong

decision would have long-term financial
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:
o Mortgage rates: http://www.realtor.org
o Housing starts: http://www.nahb.org
o 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 would potentially affect the
housing market?
o What are some national fiscal policies that
can affect mortgage rates, housing starts, and
housing prices? Be sure to provide specific
o What is your recommendation as to the risks
and benefits of purchasing a home based on
these considerations?

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