What’s on the financial calendar for the week of 6/19 – 6/23?

Cortland, New York | mortgage rate news

Which reports, events, & announcements could move the market this week?

The following announcements and reports are on this week’s financial calendar, and could have an impact on the mortgage market.

Monday, June 19th

All markets closed
Home builder confidence index – June 2023

Tuesday, June 20th

Housing starts – May 2023
New York Fed President John Williams speaks

Wednesday, June 21st

Fed Chair Powell testifies to House panel
Senate nomination hearing for Fed Govs. Jefferson and Cook and nominee Kugler

Thursday, June 22nd

Initial jobless claims
Existing home sales – May 2023
Fed Chair Powell testifies to Senate panel
U.S. leading economic indicators – May 2023

Friday, June 23rd

S&P flash U.S. service PMI – June 2023
S&P flash U.S. manufacturing PMI – June 2023

What are the 10 most livable small towns?

Do you want to make the move to a smaller town, but don’t want to give up city comforts? The team at Realtor.com has put together a list of the top 10 most livable small towns for 2023.

Topping the list? Cortland, NY is listed as the most livable small town in the U.S. The median home price is only $159,250, and the town features a lot of city-like amenites. The town boasts a lively downtown with plenty of restaurant, bars, and shops, several festivals per year, and skiing and snowboarding is within driving distance.

Kearney, NE and Branson, MO rounded out the top three cities on the list.

What does a tiny home village look like?

For roughly $700 per month, the town of Spur, TX is one of the first tiny house-friendly areas in the country. The community allows people to own an affordable home in West Texas. So far, 70 lots have been purchased, and the only rules are the homes must feature wood or metal framing, have flush toilets connected to city utilities, and that the electrical work is properly done.

Current residents have formed a tight-knit community. It’s possible to rent homes before buying, but several new residents are owners.

If Spur, TX can prove successful, this could be a way for small towns that are near big cities to attract residents.

in 10 minutes?

The pre-approval process is lightning fast, and can be completed
in under 10 minutes. Grab a few important documents to get started.
  1. Tax Returns
  2. Copies of W-2s (or 1099s for independent contractors,
    freelancers and the self-employed)
  3. A payroll stub
  4. A bank statement
  5. Loan obligation info (student loans,
    auto loans and credit cards)

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply. 

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