An increase in the number of mortgage brokers was offset by a decline in non-broker mortgage jobs. However, the government revised the prior month’s mortgage industry headcount up by more than 28,000 jobs. But the bigger news was an improvement in the U.S. employment situation last month. The latest data are a sign of an improving economy — though it might also signal the end of record-low interest rates.
The number of people working in the mortgage industry, including mortgage brokers and non-broker, fell less than 1 percent between November and December, according to government data released Friday.
Compared to December 2010, headcount in real estate finance was down 8 percent.
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