During all of last year, staffing in the mortgage industry expanded — though rising interest rates are likely to reverse recent gains. California experienced the biggest quarterly gain.
As of year-end 2016, there were an estimated 742,600 people who were employed in real estate finance. The total increased from 677,400 as of the end of the third quarter.
Estimated industry headcount has expanded even more significantly when compared to the conclusion of 2015, when the number of mortgage jobs came to an upwardly revised 640,600.
Source: Mortgage Daily