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