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Major Wall Street investment firms go on home buying sprees amid housing boom


FILE - In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications of the economy's recovery from the pandemic recession. (AP Photo/David J. Phillip, File)
FILE - In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications of the economy's recovery from the pandemic recession. (AP Photo/David J. Phillip, File)
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