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Stephen Colucci

Stephen Colucci

Loan Officer
Movement Mortgage
NMLS ID # 1043850

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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Stephen Colucci
Stephen Colucci
Loan Officer
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230 Sugartown Rd. Suite 205, Wayne, PA 19087
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NMLS # 1043850

State License #DE-MLO-1043850, FL-LO137136, NJ - licensed by the N.J. Department of Banking and Insurance, PA-66198, SC-BFI-MLO-1043850, VA-MLO-75251VA

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