Immigration reform resulting in net population growth and an increase in employment-based immigration would likely have wide-reaching economic benefits, and would provide a boost to the housing sector. Understanding how increased immigration benefits housing is quite straightforward; increased population growth leads to a greater demand for housing that would aid a still recovering residential construction industry.

Now more than six years after the bust of the housing bubble, you might be surprised to find out that some in Washington plan yet another push to expand refinancing for underwater borrowers.