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Derrick Baker

Derrick Baker

Loan Officer
Movement Mortgage
NMLS ID # 2246065

Movement Blog

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April 7, 2023

Labor market cooling off, so are mortgage rates

The Labor Department's release of the March nonfarm payrolls report on Good Friday showed the Federal Reserve's Quantitative Tightening (QT) measures to curb inflation are gradually putting the brakes on the previously red-hot labor...

Derrick Baker
Derrick Baker
Loan Officer
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1030 Plymouth Rd, York, PA 17402
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NMLS # 2246065

State License #FL-LO107273, MD-2246065, PA-98035, SC-MLO-2246065, TN-2246065