Tag Archives: Nadia Evangelou

"Middle-income buyers face the largest shortage of homes among all income groups, making it even harder for them to build wealth through homeownership," said Nadia Evangelou, NAR Senior Economist and Director of Real Estate Research.

After weeks of rising mortgage rates, continued economic unpredictability has driven rates down slightly this week, as homebuilder sentiment hit its lowest level in 24 months.

Fannie Mae reports mortgage rates have risen once again, further widening the gap many prospective buyers are attempting to overcome to attain the American Dream.