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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

Man modeling black movement t-shirt

October 13, 2023

Inflation, Labor Market and Foreign Conflict Impacting Rates

Last Friday, we saw a Non-Farm Payrolls report that surpassed even the loftiest expectations. This caused a spike in yields as markets tried to assess the Fed’s next policy move. As the day went on, markets were able to recover as a slight...

Steve Baker headshot
Steve Baker
Loan Officer