
What the interest rate hike means for homebuyers
A difficult year for many homebuyers became even tougher when the Federal Reserve increased interest rates by 0.75% on Wednesday. ABC News reached out to Mark Stapp, the Fred E. Taylor Professor of Real Estate and executive director of the well-known one-year Master of Real Estate Development program, for his comment.
In this story published June 17, 2022, on ABC News:
It's got a huge impact. It's going to bump a lot of people out of homebuying.
– Mark Stapp, Fred E. Taylor Professor of Real Estate and executive director of the Master of Real Estate Development program
Latest news
- Buyers gain upper hand in Valley housing market
Arizona housing inventory is growing, but it's not yet a true buyer's market, says W. P.
- Wisdom from the supply chain OG
A W. P.
- MACC graduate Kailey Shupe finds immense value in program’s data analytics focus
The Master of Accountancy and Data Analytics (MACC) at W. P.