The Economics of Homebuying
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- Aug 6 2010 10:21 AM
Bob Benoit
This resource was matched by a member of the Brokers of Expertise Standards Matching Team.
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Description
This NetNewsLine, from EconEdLink, provides an overview of the basics of buying a home for the first time. In this lesson, students examine programs that make first-time home-buying more affordable. Then, they examine over time several economic factors that influence the number of homes purchased. Finally, students use a mortgage calculator to find out how the size of the down payment, length of the loan, and interest rate affect the cost of the loan.
Learning Registry Activity
Bookmarks
Topics and Grades
Grade: 9 to 12
Topics: Mathematics, United States History, Economics, History-Social Science
Standards
Matched Standards
HSS.12.PE.12.1.2 Explain opportunity cost and marginal benefit and marginal cost.