Drew Pettis - J7 Mortgage Loan

Our children are not being taught to be creative. They're being taught to be clones.

✅Save +SHARE 👏. FOLLOW me for more ❤️ Interestingly enough, did you know that communist countries also engage in mass education to brainwash individuals from a young age? I was a product of this system, and it took me a long time to reach the point I am at today. I am deeply grateful to Jesus for opening my eyes and granting me the wisdom and strength to embrace a different path. I want to encourage all the mothers out there to not allow negativity to bring you down. The work you are doing is incredibly important , even when it is challenging, difficult, and at times, discouraging. Sending love and support from one homeschooling mom to another. Xoxo #homeschoolingmom #homeschoolideas #christianhomeschooling #creativitymatters #childrenmentalhealth #christcenteredmama #homesteadlife #urbanhomesteading #childrenmentalhealth

❤️❤️❤️❤️❤️

Homeownership blesses families and the community around them.

Purchasing a new home can be stressful, but it doesn't have to be! Learn how to reduce stress during the home-buying process by following these 4 easy steps.

4 Ways to Decrease Stress when Buying a Home - Utah Mortgage Loan Corporation Buying a home can be stressful, especially during peak real estate season. However, you’re in luck since there are techniques to ease your concerns and make the home-buying process more joyful. Are you preparing to buy a house? Do you want to reduce the pressure? Here are four possible solutions. ...

The claim is: To cure inflation, raise interest rates until inflation stops.

I'm not convinced that is true. Inflation, at least today, is showing itself in limited supply, which, by definition increases prices (which is my definition of inflation: increase in price with no increase in volume - eg. Gallon of Milk - same size, a gallon, increase in price by $2.00).

We need more production, supply and distribution.

Each of us are unrepeatable miracles!

Alex Boye 2022

Real estate is probably the strongest way to accumulate wealth. Now is not the time to panic.

What’s going to happen with real estate prices? ⤵️ Demand cooling off will cause the markets to level off and in some cases, cool off (depending on the specific market and price point). But you will still have an overall limited supply of homes for sale. Remember, in order to get a huge spike in inventory you would need to have a ton of people who want to sell all of a sudden - or a wave of defaults/foreclosure. Many homeowners have a lot of equity and really good terms on their current loan (if they bought or refinanced when rates were super low). These are stable owners and not likely to default. I know people are looking for this big dramatic bubble burst - but the reality is, it looks more like a normal pullback… #realestate #investing #investingtips #finance

A word to the wise

Spreading this information for those of you that don’t have your affairs in order. Make sure all bank accounts have direct beneficiaries. The beneficiary need only go to the bank with your death certificate and an ID of their own.

- TOD = Transfer On Death deed if you own a home. Completing this document and filing it with your county saves your heirs THOUSANDS. This document allows you to transfer ownership of your home to your designee. All they need to do is take their ID and your death certificate to the county building and the deed is signed over. Doing this will avoid the home having to go through probate.

- Living Will: Allows one to put in writing exactly what you want done in the event you cannot speak for yourself when it comes to healthcare decisions

- Durable Power of Attorney: Allows one to designate a person to make legal decisions if one is no longer competent to do so.

- Power of Attorney for Healthcare: This document allows one to designate someone to make healthcare decisions for their person.

- Last Will and Testament: Designates to whom personal belongings will go too.

- Funeral Planning Declaration: allows one to say exactly one’s wishes as far as disposition of the body and the services.

- If the above documents are done, you can AVOID probate. If all the above is not done, you have to open an estate account at the bank. All money that doesn’t have direct beneficiaries goes into this account. You have to have an attorney to open the estate account. The attorney also has to publicize your passing in the newspaper or post publication at the county courthouse, to allow anyone to make a claim on your property. - It’s a complete PAIN.

- Make a list of all banks and account numbers, all investment institutions with account numbers, lists of credit cards, utility accounts, etc. Leave clear instructions as to how and when these things are paid. Make sure heirs knows where life insurance policies are located.

- Make 100% sure SOMEONE knows your Apple ID, bank ID account logins and passwords!

- Make sure you have titles for all vehicles, campers, etc!

- MOST IMPORTANTLY!!!! - Talk with those closest to you and make all your wishes KNOWN. Talk to those whom you’ve designated, as well as those close to you whom you did not designate. - Do this to explain why your decisions were made and to avoid any lingering questions or hurt feelings.

Hope this helps! Hope this lights a spark to encourage all your friends and family to take care of these things to make it easier for those we all leave behind!

My hope is that the above list at least helps you start an important conversation with your loved ones and an attorney that can help you complete all the necessary steps.

Follow our page and send us a message if you need any help.

We were able to help a family get into their first home for a whopping $2,100 out of pocket expenses with one of our fantastic Down Payment Assistance programs. While it is highly likely your results will vary, opportunities exist for a lot of families in Idaho and Utah.

Enjoy your day, contact me for details.

Drew Pettis, Certified Mortgage Advisor, J7 Mortgage, (208) 317-4136, [email protected], https://www.j7mortgage.com/drew

I stole this, obviously - did not use cash!


From the Public Banking Forum of Ireland

Key takeaway from the article below:

“Let's be clear: What we're seeing, as of now, appears to be slowing in the rate of growth—not a market correction. We're still amid one of the hottest stretches in recorded history for the U.S. housing market. Bidding wars are rampant. Inventory remains scant. And sellers have, well, pretty much all the power.”

The Economic Shock Hitting the Housing Market Is Starting to Do Some Damage

There's mounting evidence that the economic shock caused by spiking mortgage rates is beginning to take some steam out of the housing market …



Bond yields continue to climb in today’s session following the shortened holiday trading week. The U.S. 10yr Treasury yield rose to a new high level near 2.85% as investors continue to assess inflationary pressures and uncertainty surrounding potential economic slowdown. We remain in an extremely volatile environment for financial markets as investors digest economic data along with Fed officials remarks on their projected path for policy. I will reiterate that mortgage markets are yet to establish a clear and sustainable rally which leads to a lock bias until proven otherwise.

A combination of rising mortgage rates and higher house prices has naturally created some slowing in demand as buyers have been pushed to the sidelines. This week’s economic calendar will shed some additional light on how much slowing is taking place with tomorrow’s release of March housing starts and building permits. Wednesday’s calendar will feature existing home sales data for the month of March along with the latest MBA mortgage applications results which are expected to show further declines in activity. Thursday will be headlined by the Philly Fed Business index and also include jobless claims data, while Friday will see the release of the latest Market Manuf. PMI data.

Why Home Prices Could Flatten or Dip This Year

Real estate experts believe that higher mortgage rates will force price growth to slow down. While that would mean the end of double-digit increases, prices would continue to rise — just a bit slower …

https://www.realtor.com/news/trends/why-home-prices-could-flatten-or-dip-this-year/?utm_source=ExactTarget&utm_medium=email&utm_campaign=/

Monday Morning Mortgage NEWS



Condo Prices Jump as Buyers Seek Affordability

Demand for single-family homes surged during the pandemic — but it surged so much that condos are now all some homebuyers can afford …

The typical U.S. condo sold for a record $319,000 in February, up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began…

See: https://www.redfin.com/news/condo-prices-record-high-february-2022/?utm_source=ExactTarget&utm_medium=email&utm_campaign=mnw

Condo Prices Jump to Record High as Buyers Seek Relative Affordability Demand for single-family homes surged during the pandemic as many Americans feared living in dense condos—but it surged so much that condos are now all some homebuyers can afford.

Homeownership aids people in building stability and accumulating wealth. I am committed to helping our neighborhoods grow through providing extraordinary value to each of my clients. I am focused on helping homeowners and buyers navigate successfully through various mortgage environments. I am committed to providing local expertise and great value to each of my clients.

What a great quote with so much truth! We love that what we do makes this possible for you!

What makes your house feel like home? 🏡💙

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