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Housing boom expected to follow SpaceX Louisiana arrival

Lafayette, Louisiana’s real estate market is stirring from a massive economic development proposed for a remote stretch of its coast. SpaceX has announced plans for a $100 billion Starbase Louisiana project — covering roughly 130,000 acres, including a large buffer zone around launch pads, in marsh land known as Pecan Island, part of Lafayette’s Vermilion

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Mortgage rates face several hurdles before they can return to 6%

Mortgage rates are likely to remain above 6% even if geopolitical tensions ease as inflation pressures, Federal Reserve policy and mortgage spreads continue to limit how far rates can fall. That’s according to remarks shared on stage Tuesday by HousingWire Lead Analyst Logan Mohtashami at the American Credit Union Mortgage Association (ACUMA)’s Make Your Mark

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