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Richard H. Lamotte Headshot

Richard H. Lamotte

Loan Officer
Movement Mortgage
NMLS ID # 337079
430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
Dial Phone Number
p: (910) 330-0219
 Send E-mail to
e: richard.lamotte@movement.com
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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...

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Stubborn inflation keeps upward pressure on rates

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Silver lining for FHA buyers as rates slowly creep higher

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Richard H. Lamotte Headshot
Richard H. Lamotte
Loan Officer
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430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
(opens in a new tab)
NMLS # 337079

State License #NC-I-155776