Lender payrolls near or below similar past rate cycles
By: Bonnie Sinnock | Published: 2026-10-02 19:04:25 | Source: www.nationalmortgagenews.com
Nonbank mortgage employment dropped a notch lower in the latest Bureau of Labor Statistics numbers as a weaker-than-expected addition of 29,000 to total U.S. jobs raised new questions about rate projections.
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The monthly benchmark number for lenders and brokers combined, which lags one month behind the September’s addition of 49,000 to total jobs, shows industry payrolls inched…
