Elaine Borries, Realtor

04/15/2026

SNEAK PEAK
Elaine Borries
REMAX Results in Real Estate
C: 228-219-0953
O: 228-388-4360
Coming this weekend to the market.
3 BR - 2 Bath

03/07/2026

Mortgage Market Update
IT’S TIME!!!!

Elaine Borries
REMAX Resullts in Real Estate
C: 228-219-0953
O: 228-388-4360

MARCH 5, 2026

Mutual Mortgage Market Update
What's shaping the mortgage and real estate landscape this week.
Sunny residential neighborhood with lush greenery
As the spring market begins to take shape, housing conditions remain relatively stable despite a mix of global headlines and economic updates. Mortgage rates have improved compared to late last year, and the Federal Reserve continues to signal patience. For agents, the current environment offers more consistency than volatility.

Economic Trends: Global Headlines but Modest Domestic Impact
Fourth-quarter GDP came in at 1.4%, below expectations, partly due to the government shutdown earlier in the quarter. The upcoming February jobs report is expected to show moderate growth with unemployment holding around 4.3%. While global developments and trade policy changes are creating headlines, the broader economic picture remains steady.

Federal Reserve: A Patient Stance as Markets Look Toward Summer
The Fed's next meeting is March 18, and markets overwhelmingly expect no rate change. Investors are currently pricing in two potential cuts later this year, with July seen as the first realistic opportunity. For now, policymakers appear comfortable maintaining their current stance.

Mortgage Rates: Lower Than Late 2025 but Still Moving Gradually
Mortgage rates briefly dipped below 6% before moving back closer to 6.1%. Overall, rates are roughly half a percentage point lower than they were six months ago. Treasury yields have fluctuated in recent weeks, but mortgage spreads have remained relatively steady.

Buyer & Seller Impact: Activity Waiting for a Spring Catalyst
Purchase activity has remained relatively flat so far this year, but stable rates are helping maintain buyer interest. Sellers who price realistically and present well-prepared homes are still attracting attention as the spring market approaches.

Agent Insight: Focus on Stability and Strategy
With rates improving and the Fed taking a steady approach, the market continues to move toward greater balance. Agents who help clients stay focused on long-term goals — rather than reacting to short-term headlines — will be well positioned this spring.

09/01/2025

📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 15407 Village Drive in Biloxi. Reach out here or at (228) 219-0953 for more information

One of the biggest lots in Woolmarket Village at 1.46 acres with 149' of lake frontage. BRING YOUR FISHING POLE and start fishing today. HUGE front and back yard with lots of trees in the back for shade. Great split floor plan. Jack & Jill bathroom for the 2 extra BR, ensuite for the spacious pri...

05/30/2025

📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 10337 Pin Oak Drive in Biloxi. Reach out here or at (228) 219-0953 for more information

Beautiful, cleared lot in the desirable Woolmarket Community of Eagle Point. This is a rare opportunity to have a cleared lot available in this area and at such a great price....

05/30/2025

📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 3185 Race Track Road in D'iberville. Reach out here or at (228) 219-0953 for more information

Cleared vacant lot next to the Scarlet Pearl Casino in D'Iberville, just east of the casino garage. 1 lot available with the possibility to purchase the adjoining lot. This is a unique opportunity to purchase a lot at a very reasonable price with a high level of foot trafic already established fr...

04/13/2025

📍 Reduced Price 📍 This recently reduced home at 3085 Karen Cove in D'iberville won't last long, so, don't wait to set up a showing! Reach out here or at (228) 219-0953 for more information!

LOCATION IS EVERYTHING AND NO FLOOD ZONE! This is a great open floor plan home all on 1 level. Plenty of space in every room. Kitchen is very large with an island, separate eat up bar, formal dining area with a large pantry. Two car garage is right off the kitchen. Big utility room. Living room i...

03/06/2025

📍 Reduced Price 📍 This recently reduced home at 3085 Karen Cove in D'iberville won't last long, so, don't wait to set up a showing! Reach out here or at (228) 219-0953 for more information!

LOCATION IS EVERYTHING AND NO FLOOD ZONE! This is a great open floor plan home all on 1 level. Plenty of space in every room. Kitchen is very large with an island, separate eat up bar, formal dining area with a large pantry. Two car garage is right off the kitchen. Big utility room. Living room i...

02/12/2025

📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 15407 Village Drive in Biloxi. Reach out here or at (228) 219-0953 for more information

MORE PHOTOS COMING THIS WEEK. One of the biggest lots in Woolmarket Village at 1.46 acres with 149' of lake frontage. BRING YOUR FISHING POLE and start fishing today. Huge front and back yard with lots of trees in the back for shade.Great split floor plan. Jack & Jill bathroom for the 2 extra BR,...

02/05/2025

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02/05/2025

📍 Reduced Price 📍 This recently reduced home at 3085 Karen Cove in D'iberville won't last long, so, don't wait to set up a showing! Reach out here or at (228) 219-0953 for more information!

LOCATION IS EVERYTHING! This is a great open floor plan home all on 1 level. Plenty of space in every room. Kitchen is very large with an island, separate eat up bar, formal dining area with a large pantry. Two car garage is right off the kitchen. Big utility room. Living room is huge with cathed...