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Michael Task

Michael Task

Branch Manager
Movement Mortgage
NMLS ID # 314948
10814 Jollyvillle Rd, Ste 180, Austin, TX 78759
Dial Phone Number
p: (512) 350-3660
o: (512) 746-7855
f: (512) 669-5134
Send E-mail to
e: michael.task@movement.com

Market Update

EB1A9745

September 16, 2022

Inflation runs hot and forces mortgage rates skyward

Inflation data spooked markets over the last week with the Dow dropping more than 1,200 points following the release of August's consumer price index (CPI) by the Bureau of Labor Statistics (BLS). The CPI showed a 0.1% month-over-month increase...

Michael Task
Michael Task
Branch Manager