Employment data

Nonbank mortgage employment fell in January, but could subsequently surge as lenders seek to capture business while rates are low, the job outlook is favorable, and the coronavirus is contained.

Commercial real estate market participants could be missing the stresses that are wearing down the foundations of growth in the small-cap segment.

Unexpected rate drops and other factors drove a surprising rebound in nonbank mortgage hiring during what is usually a slow season.

The estimated number of mortgage professionals employed by nondepository institutions inched down in November 2019 following a surge in the previous month.

The latest monthly employment estimates for nondepository home lenders and loan brokers rebounded in October and rose year-to-year, reversing a downward trend in 12-month comparisons.

Nonbank and bank mortgage employment has leveled off in line with typical seasonal trends, but some lenders remain more interested in hiring than is usually the case late in the year.

Employment estimates for nonbank mortgage companies rose to a 2019 high as lower rates spurred consumer demand in August, but higher rates in September could mean future numbers will be weaker.

Nonbank mortgage companies added 4,600 employees to their payrolls in July and may add more to address continuing rate-driven increases in loan volume.

June employment by nondepository mortgage bankers and brokers was little changed from the previous month, but later numbers could prove stronger given some influential lenders' interest in staffing up.

From the Carolinas to the Sunshine State, here's a look at the cities offering the biggest job growth over the past five years.