John McCormack - Buy/Sell/Invest

10/29/2025

06/06/2025

INTERESTING DATA.

📊💰 30 Years of Mortgage Rates: What’s “Normal”? 🏡

Wondering if today’s mortgage rates are really that high?

Here’s the average 30-year fixed mortgage rate over the last 30 years ⬇️

🔹 Average (1995–2025): 5.9%

📈 By decade: ▪️ 1990s: 7%–9%
▪️ 2000s: ~6.5%
▪️ 2010s: 3.5%–5%
▪️ 2020–2021: 2.65%–3.25% (historic lows)
▪️ 2022–2024: 7%–8% (spiked fast)
▪️ 2025: ~6.75%–7.25% (as of now)

➡️ So if you're waiting for “normal” to come back… this might be it.

06/06/2025

📊💰 30 Years of Mortgage Rates: What’s “Normal”? 🏡

Wondering if today’s mortgage rates are really that high?

Here’s the average 30-year fixed mortgage rate over the last 30 years ⬇️

🔹 Average (1995–2025): 5.9%

📈 By decade: ▪️ 1990s: 7%–9%
▪️ 2000s: ~6.5%
▪️ 2010s: 3.5%–5%
▪️ 2020–2021: 2.65%–3.25% (historic lows)
▪️ 2022–2024: 7%–8% (spiked fast)
▪️ 2025: ~6.75%–7.25% (as of now)

➡️

11/07/2024

For our next house.

05/04/2024

Just one of our many project managers inspecting the quality of our work.

04/21/2024

04/14/2024

One of my favorite days of the year Masters Sunday. A friend stopped by with his prized possession, flag signed by Jack.

04/02/2024

Illinois inventory reaches 16-year low !!!

03/30/2024

More and more of my daily conversations involve downsizing. People of my age are getting close to retirement, finished raising kids and planning for the next chapter of their lives? Is this you. If so give me a call, I can help.