What’s on the financial calendar for the week of 4/1 – 4/5?

Pretty residential street in a small town | mortgage rate news

What does this week’s financial calendar look like?

The following announcements, events, and reports may have an impact on the financial markets this week.

Monday, April 1st

S&P U.S. manufacturing PMI – March 2024
Construction spending – February 2024
ISM manufacturing – March 2024
Fed Governor Lisa Cooks speaks

Tuesday, April 2nd

Factory orders – February 2024
Job openings – February 2024
Fed Governor Michelle Bowman speaks
Cleveland Fed President Loretta Mester speaks
San Francisco Fed President Mary Daly speaks
U.S. auto sales – March 2024

Wednesday, April 3rd

ADP employment – March 2024
S&P U.S. services PMI – March 2024
Fed Governor Michelle Bowman speaks
ISM services – March 2024
New York Fed President John Williams moderates discussion
Fed Chair Jerome Powell speaks

Fed Vice Char for Supervision Michael Barr speaks
Fed Governor Adriana Kugler speaks

Thursday, April 4th

Initial jobless claims – Week of March 30th
U.S. trade balance – February 2024
Philadelphia Fed President Patrick Harker speaks
Richmond Fed President Tom Barkin speaks
Chicago Fed President Austan Goolsbee speaks
Cleveland Fed President Loretta Mester speaks
Minneapolis Fed President Neel Kashkari speaks
Fed Governor Adriana Kugler speaks

Friday, April 5th

U.S. nonfarm payrolls – March 2024
U.S. unemployment rate – March 2024
U.S. hourly wages – March 2024 & year-over-year
Richmond Fed President Tom Barkin speaks
Dallas Fed President Lorie Logan speaks
Fed Governor Michelle Bowman speaks
Consumer credit – March 2024

 

Which city in New York has the hottest market?

According to recent data from Stacker.com, Rochester, NY is the hottest housing market in the country.

Homes in the Rochester metro area have a median days on market of only 12 in January 2024. Rochester also saw 607 units change hands, and the market has a median sale prices of only $201,000.

New York state was also represented by the second place metro area. Homes in the Buffalo, NY area have a median days on market of only 15.

 

Is it affordable to live on a private island?

If you’ve ever dreamt about living on your own, private island, it may not be completely unattainable. A recent article from Realtor.com found five properties on their own islands. The price tag ranges from $1.8 million on the high end to $629,000.

The most affordable option on the list is a property in Rangeley, ME. Located on Lake Mooselookmeguntic, the home sits on Bramble Island. This listing also includes a 1-acre buildable lot on the mainland.

The home features two bedrooms, a small kitchenette, and electricity. The only drawback here is that the main home only has an incinerating toilet and an outdoor shower. It doesn’t come with a full bath.

The property itself features a beautiful covered porch, a new dock, and a boathouse. The views are also absolutely stunning and seem to go on for miles.

If you ever wanted your own island, and don’t mind missing out on a full bath, it may be within reach.

 

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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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