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English 101

In: Business and Management

Submitted By trek07305
Words 285
Pages 2
Week 5 Assignment
New House Risks and Benefits
Jacqueline Miller
XECO/212
07/13/2012
David Cullipher

The government only has indirect control over the economy the direct control comes from the hands of investors, banks and corporations, fiscal policy means the government influence the economy it revolves around spend and tax involvement. There are benefits with fiscal policies; it can move around the structure of economic expenses. Cast for mortgage rates there is no way to tell what the market will be whether it will continue to go down over the next year or two. Stability Mortgage plan might work to stabilize the market for a shorter period of time by reducing foreclosures. As it stands the markets are still declining and for a first time buyer it is a good time to buy with the incentive of for the housing stability plan it afford the home buyer $8,000 tax credit first time buyer also is for someone who has not owned a home in the past five year. In other saying a stronger economy will offset the effects of higher mortgage rates. There has been a suggested drop of 10% may be in order next year while mortgage rates grows higher and many households are still having to service debt loads, however real estate’s sales data shows that less houses have been listed and prices are unchanged from a year ago. Today’s market based on what state it is the market for housing still has hope sales of new occupied homes are up and home prices are rising in most markets, although the market still has a way to regain its full bill the recovery is still up and under

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