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Jim Murphy

Jim Murphy

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 1275965

Market Update

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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...

Jim Murphy
Jim Murphy
Team Lead Loan Officer
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11255 Kirkland Way, Ste 110, Kirkland, WA 98033
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NMLS # 1275965

State License #AZ-0947419, CA-DFPI1275965, CO-100538421, ID-MLO-1300965, OR, WA-MLO-1275965