Mortgage Daily

Published On: March 5, 2010

More jobs slipped away from the mortgage sector.

The government reported that U.S. mortgage headcount was at 250,000 during January, falling from a revised 253,500 the prior month. Mortgage employment stood at a revised 262,900 during January 2009.

The data were compiled by the Bureau of Labor Statistics, a division of the U.S. Department of Labor.

The number of people in “real estate credit” fell to 189,600 from 190,300 in December.

“Mortgage and nonmortgage loan brokers” were 60,400 in January, declining from 63,200 during December.

January mortgage employment activity was impacted by 174 Pasadena, Calif., layoffs by Bank of America Corp.

On the whole, U.S. nonfarm employment eased by 36,000 jobs in February, while unemployment was unchanged at 9.7 percent.

FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator

Tags

Pre-Approval Resources!

Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…

Resource Center

Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.

Your mortgages approval starts here.

Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.

Stay Up To Date with Today’s Latest Rates

ï„‘

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

ï„‘

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

ï„‘

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

ï„‘

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN