10/14/2026
Mid-October Market Minute 🏡
Mortgage rates just hit their highest level in almost 3 years — the 30-year fixed averaged 7.4% last week (Freddie Mac), up from 6.3% a year ago. And forecasters expect rates to stay above 7% through year-end.
So what does that mean for us here in Pearl River County? Our market is still moving! Median listing price is holding at $311K — up nearly 12% from last year — and homes are selling 23% faster than they were a year ago (per realtor.com's county page).
Bottom line: if you're waiting on rates to drop before buying or selling, you could be waiting a while. Let's talk strategy for THIS market.
Call or text me today at (601) 273-1778 — It's Your Move! 🏡
— Janell Billiot, MS Real Estate Now
