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Steve Baker headshot

Steve Baker

Loan Officer
Movement Mortgage
NMLS ID # 455092
550 Westcott St, Ste 460, Houston, TX 77007
Dial Phone Number
p: (317) 370-9063
o: (281) 914-4131
Send E-mail to
e: steve.baker@movement.com

Market Update

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September 20, 2024

Fed’s Rate Cut Boosts Inventory, but Market Remains Tight

The market is continuing to respond to the Federal Reserve's 50-basis point rate cut on Wednesday. Current sentiment suggests the Fed may successfully guide the economy toward a soft landing, bolstered by the recent jobless claims that indicate...

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Steve Baker headshot
Steve Baker
Loan Officer