43 Purchase Closings in One Month and the Process Behind Every Single One of Them
DSCR, bank statement, FHA, jumbo, grants. Joe Bigelman explains how 43 closings happened in June.

DSCR, bank statement, FHA, jumbo, grants. Joe Bigelman explains how 43 closings happened in June.

Over the past few years, homebuyers have faced one of the most competitive housing markets in history. Bidding wars, waived contingencies, and offers well over asking price became the norm. But as Joe Bigelman from John Adams Mortgage explains, the landscape has shifted — and it’s finally tilting back in favor of buyers.

August delivered a shocker—just 22,000 new jobs added, vastly missing the 75,000 forecast, and marking the weakest employment gain this year. Plus, the unemployment rate ticked up to 4.3%, the highest since 2021.

This blog explores the current state of mortgage rates in 2025 and provides insights into whether they are expected to go down. With mortgage rates hovering around 7%, the blog explains what factors influence rate changes and what this means for homebuyers and refinancers. It also highlights key takeaways, such as the benefits of locking in rates now, building home equity, and refinancing opportunities—helping readers make informed decisions based on the latest market trends.