Assume that purchasing a new home is a major decision
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Assume that purchasing a new home is a major decision requiring a substantial financial outlay where the wrong decisio
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Assume 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 2 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 Write at least 250 words addressing the following questions: 1.) Which government bodies influence national fiscal policies that potentially affect the housing market? 2.) What are some national fiscal policies that can affect mortgage rates, housing starts, and housing prices? Be sure to provide specific examples. 3.) What is your recommendation as to the risks and benefits of purchasing a home based on these considerations? Use section headings for your answers to each of the 3 questions.
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