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Foreign investment helped offset a slowing domestic recovery, causing few ripples for the week, but economists expect future taper of bond purchases to lead to upward movement.

While the Biden Administration has issued a series of measures to encourage the production of more affordable housing, municipalities must changing their zoning or other restrictive laws to facilitate additional development, writes the Chairman and CEO of Walker & Dunlop

Price appreciation over the past year also dropped the share of underwater mortgage borrowers to an all-time low, according to CoreLogic.

Jed Maczuba is chief technology officer of Advisor360, a Boston-based fintech provider of deeply integrated wealth management solutions.

The decline from 4.4% in July and 6.88% a year ago brings the number much closer to pre-pandemic norms, but foreclosure starts are a different story.

If progress toward the Fed’s employment and inflation goals “continues broadly as expected, the committee judges that a moderation in the pace of asset purchases may soon be warranted,” the U.S. central bank’s policy-setting Federal Open Market Committee said Wednesday.

Possible existing home sales exceeded what was forecasted as coronavirus-related uncertainty gave borrowers increased purchasing power, according to First American.

Purchases jumped to a high not seen since April, while refinances were also up due to the increased use of government programs.

Contract closings decreased 2% from the prior month to an annualized 5.88 million, in line with economists’ estimates, figures from the National Association of Realtors showed Wednesday.

Congress says one thing — we want to help these families with modest wealth just starting out — but then does the opposite, time and time again, writes the principal at TVDC.