Middle East & North Africa Economics

Rise in Saudi interest rates has further to go

Middle East Economics Focus
Written by Capital Economics Economist

Clinton’s housing proposals will not give homeownership much of a boost. The focus on down payments ignores the fact that it is the need for a high credit score which is preventing many Americans from buying. And even if the proposals do help more people to buy, the eventual outcome will be higher house prices, benefitting existing rather than potential homeowners.